In Order for the Holder of a Debit Card to Be

question 70

Multiple Choice

In order for the holder of a debit card to be liable for no more than $50 of unauthorized use,what must the cardholder do?

• A) Nothing,because debit cardholders' liability for unauthorized use is always limited to a maximum of $50.
• B) Notify the issuer bank within 2 days of learning of the loss or theft.
• C) Close the related checking account within 2 days of learning of the loss or theft.
• D) Notify the issuer bank within 60 days of learning of the loss or theft.
• E) Notify the issuer bank and close the related checking account within 2 days of learning of the loss or theft.

---

Definitions:

Theoretical Minimum

The lowest possible amount of effort or resources required to execute a task or process under ideal conditions.

Work Cells

An arrangement of resources in a manufacturing environment where all necessary equipment and labor are positioned in a compact layout to facilitate efficient production.

Equipment Use

Refers to the deployment and application of tools, machinery, and technology in performing tasks or in the production process.