Under the _____,Liability for Misuse of Missing Cards Is Capped

question 3

Multiple Choice

Under the _____,liability for misuse of missing cards is capped at $50 if the consumer provides notice within two business days after learning of the loss.

• A)Fair Debt Collection Practices Act
• B)Electronic Fund Transfer Act
• C)Fair Credit Billing Act
• D)Equal Credit Opportunity Act

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Definitions:

Primary Reinforcer

A naturally reinforcing stimulus, such as food or water, that does not require learning to become desirable.

Partial Reinforcement Extinction Effect

A phenomenon where behaviors reinforced intermittently are more resistant to extinction than behaviors reinforced continuously.

Disequilibrium Principle

A concept in economics and game theory where participants' strategies are not in perfect balance, leading to changing strategies over time.

Disequilibrium Principle

A concept in cognitive psychology suggesting that learning occurs when existing knowledge is challenged by new information, leading to cognitive growth.