A Consumer Who Notifies the Issuer of an EFT Card

question 14

Multiple Choice

A consumer who notifies the issuer of an EFT card within two (2) days after learning of a loss or theft of the card is limited to a maximum liability of:

• A) $500.
• B) $50.
• C) There is no liability limitation in this situation.
• D) There is no liability in this situation.

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Definitions:

Automatic Chassis Lube System (ACLS)

A system designed to automatically lubricate the chassis of a vehicle, reducing maintenance and increasing the longevity of the vehicle's components.

Electric Motor

An electric motor is a device that converts electrical energy into mechanical energy, commonly used in appliances, vehicles, and industrial equipment.

EP Lubes

Extreme Pressure Lubricants designed to provide protection under high pressure and temperature conditions, often used in gears and bearings.

Hypoid Gearing

A type of gear configuration in which the gear axes do not intersect, commonly used in automotive differentials to transfer power from the driveshaft to the wheels.