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Monica was on a trip abroad when her credit card was stolen. She immediately notified her credit card company before any unauthorized charges were made;

Monica was on a trip abroad when her credit card was stolen. She immediately notified her credit card company before any unauthorized charges were made; nevertheless, $500 was still mistakenly allowed to be charged. What is Monicas liability?
Multiple Choice
Nothing
$250
$500
$500, plus associated administrative costs
$250, plus associated administrative costs

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