You Have $450 in Your Checking Account When Your ATM

question 174

Multiple Choice

You have $450 in your checking account when your ATM card and PIN are stolen.You could lose up to ____ if you report the lost ATM card within 2 business days.

• A) $ 0
• B) $ 25
• C) $ 50
• D) $450
• E) $500

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Definitions:

Principal

The primary party involved in a transaction or contract, or the amount of money originally invested or loaned, before interest.

Agent

An individual or entity authorized to act on behalf of another (the principal) in legal or business matters.

Manifestations

Manifestations refer to displays or expressions of an act, event, or condition, revealing the presence or existence of something.

Reasonable Understanding

A standard determining what a typical person would comprehend in a given set of circumstances.