If You Lose Your Wallet Along with Your ATM Card

question 33

Multiple Choice

If you lose your wallet along with your ATM card, your liability is

• A) unlimited unless you notify the bank within 30 days.
• B) limited to $200 if you notify the bank within two days.
• C) limited to $50 if you notify the bank within two days.
• D) limited to $500 if you notify the bank within 60 days.

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Definitions:

Rawls

Refers to John Rawls, an American political philosopher known for his theories of justice and "the veil of ignorance."

Morality of Principles

Involves ethical decision-making based on abstract, universal principles such as justice, equality, and respect for individual rights, rather than on personal or societal consequences.

Rawls

A philosopher known for his theory of justice which proposes principles of justice to structure society, emphasizing fairness and equality.

Morals

Principles or habits with respect to right or wrong conduct, typically reflecting personal or cultural values.