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The husband of one of your clients had his wallet stolen. He had five credit cards in his wallet when this occurred. He reported the
The husband of one of your clients had his wallet stolen. He had five credit cards in his wallet when this occurred. He reported the cards as missing the next morning, but the following transactions had already occurred: (Discover Card - $350) (MasterCard - $100) (VISA - $425) (Sears - $25) (Marshall Fields - $685) What is the clients liability for the fraudulent transactions on these cards?
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| $50 |
| $225 correct answer |
| $250 |
| $1,235 |
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