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Under the Electronic Fund Transfer Act, for Lost, Stolen, or Misused

Question 72

Multiple Choice

Under the Electronic Fund Transfer Act, for lost, stolen, or misused automatic teller and check cards (debit cards) , the customer is liable for:


A) $600 if reported after two days but before 60 days of consumer's learning of a misuse.
B) amounts over $15 within the consumer's home state if reported within seven business days.
C) $50 if reported within two business days of consumer's learning of a misuse.
D) amounts over $15 within a 100-mile radius of the consumer's home if reported within seven business days.
E) nothing.

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