Which of the Following Should Not Be Done When You

question 10

Multiple Choice

Which of the following should not be done when you find an error on your credit card statement?

• A)Pay the remaining amount owed in full to isolate a disputed item.
• B)Withhold payment for the disputed item(s).
• C)Send a written notice of the error to the credit card issuer.
• D)Send all original documentation to the credit card issuer.

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Definitions:

Consumer Bill of Rights

A set of principles designed to protect consumer interests, ensuring they have the right to safety, to be informed, to choose, and to be heard.

Ethics of Exchange

Principles and standards that guide fair and equitable trade practices between parties in a transaction.

Right to Choose

The consumer’s entitlement to have a variety of options when selecting goods or services, emphasizing the importance of competition and quality in markets.

Economic Espionage

The illegal practice of stealing confidential information from businesses to gain a competitive advantage.