The Owner of a Lost Credit Card Is

question 2

Multiple Choice

The owner of a lost credit card is:

• A) liable for all purchases made by its finder if the card was lost through negligence.
• B) not liable for any purchases if the card was lost despite the exercise of reasonable care by the cardholder.
• C) liable for all purchases if the card originally had been sent to the cardholder without any prior request and never was used by such holder.
• D) not liable for more than $50 for the unauthorized use of the card.