A Credit-Cardholder Is Liable for All Unauthorized Charges Made Before

question 37

True/False

A credit-cardholder is liable for all unauthorized charges made before the creditor is notified that the card has been lost.​

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Definitions:

Multidomestic Strategy

A strategy used by businesses that involves tailoring products or services to fit the specific needs and preferences of different national markets.

Local Needs

The specific requirements or demands of a community or area, often considered in planning and decision-making processes to ensure relevance and efficacy.

Cost Leadership Strategy

A business approach aimed at becoming the lowest-cost producer in an industry to gain a competitive edge.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, due to its unique capabilities, resources, or position.