If Your Credit Card Is Stolen and the Thief Runs

question 42

Multiple Choice

If your credit card is stolen and the thief runs up a total debt of $1,000, but you notify the issuer of the card as soon as you discover it is missing, what is the maximum amount that you can be forced to pay according to federal law?

• A) Nothing
• B) $50
• C) $500
• D) $1000

---

Definitions:

Procrastination

Procrastination is the act of delaying or postponing tasks or decisions, often leading to stress, anxiety, or negative outcomes.

Legal Issues

Matters involving interpretations of laws and legal principles, potentially leading to legal actions or disputes.

Directly Accuse

To confront someone openly and straightforwardly with an allegation of wrongdoing.

Self-Direction

The ability to set short-term and long-term goals for yourself.