According to Truth in Lending Act (TILA), Charges on a Stolen

question 42

Multiple Choice

According to Truth in Lending Act (TILA) , charges on a stolen credit card that exceed $50 would generally:

• A) have to be paid by the cardholder.
• B) have to be recovered by the bank.
• C) not have to be paid by the cardholder.
• D) have to be recovered from the person who stole the card.

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