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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.


Definitions:

Conservationist

An individual or a group actively involved in the protection and preservation of nature and wildlife, often advocating for sustainable practices to protect the environment.

Ethical Grounds

The moral principles or considerations that guide behavior or decision-making processes.

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Marine Fish Species

Aquatic species that live predominantly in oceanic and sea environments.

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