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Bill did not keep a close watch on his ATM card.He discovered,however,when he started to purchase some presents for his girlfriend that it was missing.Unfortunately,over $1,000 had been fraudulent purchased using the card by the time he reported it missing.The first fraudulent charge was made 45 days before Bill reported to his bank that the card was missing.Bill is liable for which of the following?
Rolex Watch
A luxury brand of watches known for their quality, prestige, and accuracy, manufactured by a Swiss company.
Firm Offer
A firm offer is a binding proposal in contract law that cannot be withdrawn for a certain period of time by the offering party.
Breach of Contract
The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.
Merchant
An individual or business involved in the wholesale or retail sale of goods.
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