__________ suffer most, if not all, of the financial damage in fraudulent transactions.
A) Customers
B) Financial institutions
C) Governments
D) Merchants

Question

Quizplus · Accepted Answer

Merchants suffer most of the financial damage in fraudulent transactions. They are responsible for covering the costs of the fraudulent transactions and often lose merchandise or services that were fraudulently obtained. They may also face penalties and fines from credit card companies and other financial institutions. Customers and financial institutions may also suffer some financial damage, but merchants typically bear the brunt of the losses. Governments may have to spend resources on investigating and prosecuting fraudulent transactions, but they do not typically bear direct financial losses.

__________ Suffer Most, If Not All, of the Financial Damage