Andy Blake Got a Call Yesterday from Planet Bank,the Company

question 216

Multiple Choice

Andy Blake got a call yesterday from Planet Bank,the company that issued his credit card inquiring about an $85.00 charge made in Caracas,Venezuela.Upon learning that Andy had not made this purchase,the Bank quickly took steps to cancel the card and issue a new one.Given the circumstances that Andy's credit card number had an illegal transaction,Andy may also want to:

• A) Check his computer's firewall to make sure its working.
• B) Cancel his account with Planet Bank,altogether and eliminate credit cards from his life.
• C) Check his credit report.
• D) Diversify his spending habits by using one of several credit cards when making purchases.

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Definitions:

Statutory Mandates

Legal requirements or orders enacted by a legislative body that must be followed by entities or individuals subject to its jurisdiction.

Corporate Business

An organization engaged in commercial, industrial, or professional activities, structured as a corporation providing limited liability to its owners.

Public Corporation

A company whose shares are publicly traded on a stock exchange and are owned by a wide range of investors.

Government

The system or group of people governing an organized community, often a state, and the mechanism through which political authority is exercised.