If You Allow Another Person to Use Your Credit Card

question 27

Multiple Choice

If you allow another person to use your credit card but the person uses the card for a purpose other than the one you specified:

• A) an unauthorized usage has occurred.
• B) an authorized usage has occurred.
• C) you will not be responsible for more than $50 of the amount charged.
• D) you are not liable for any of the amount charged.

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Definitions:

Unconditional

refers to something that is not subject to any conditions or limitations.

Express Condition

A specific and unequivocal condition in a contract that must be met for the contract's obligations to be enforced or remain in effect.

Absolute

Complete and total without any conditions, restrictions, or exceptions.

Cooperative Centrale Raiffeisen-Boerenleenbank B.A.

A major cooperative banking institution, commonly known as Rabobank, headquartered in the Netherlands, known for its focus on agricultural financing.