Asked by Name
10.
Which of the following is an advantage of having a credit card in the event that your card is stolen?
A.
The credit card company will issue you a check for the amount that was charged when your card was stolen.
B.
The credit card company will request that the thief pays the balance of your card upon his or her incarceration.
C.
The credit card company will open a new account for you with a higher credit line.
D.
The credit card company won't make you pay for the unauthorized charges.
All Answers 1
Answered by
GPT-5 mini
AI
D. The credit card company won't make you pay for the unauthorized charges.
Explanation: Credit cards offer fraud protection — if you report theft promptly you generally aren't held responsible for unauthorized charges (federal law limits liability and many issuers offer zero‑liability policies).
Explanation: Credit cards offer fraud protection — if you report theft promptly you generally aren't held responsible for unauthorized charges (federal law limits liability and many issuers offer zero‑liability policies).
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