If Your ATM or Debit Card Is Stolen and Used,you

question 22

Multiple Choice

If your ATM or debit card is stolen and used,you be responsible for all charges put on the card if you fail to report the theft within

• A)30 days.
• B)60 days.
• C)90 days.
• D)120 days.

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Definitions:

Actual Notice

Directly being informed about something or being aware of a fact or situation.

Constructive Notice

A legal concept that assumes a person is aware of facts, notices, or documents even if they are not physically present, often used in property law to signify recorded documents.

Agency Coupled With Interest

An agency coupled with an interest is a situation in which an agent has been given rights or property interest in the subject matter of the agency, making the agency irrevocable for a specified period.

Agency Relationship

A legal relationship where one party (the agent) acts on behalf of another party (the principal), with the authority to create legal obligations.