Unauthorised Transactions Where There Is No Liability to Account Holders

question 14

True/False

Unauthorised transactions where there is no liability to account holders include those in which a forged, expired, cancelled or faulty card or PIN was used; losses caused by negligence or fraud by employees of any party (other than the account holder) associated with the transaction; losses caused by multiple debiting of a transaction; or losses caused after the notification by an account holder of a stolen or lost card, or other electronic device.

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Definitions:

Potential for Falls

The likelihood or risk that an individual will experience a fall due to factors such as mobility issues, medications, or environmental hazards.

Pain Management

The process of providing medical care that reduces the severity of pain and improves the quality of life for those suffering from chronic or acute pain.

Arthritis

A common condition causing inflammation and pain in the joints, which may lead to reduced mobility and function.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.