Ask Question
BusinessBusiness
9 October, 00:52

Irene has a debit card but rarely uses it. Last night, she determined that her card was lost and had been for sometime. What is Irene's potential maximum liability if someone uses the card without her permission?

+4
Answers (1)
  1. 9 October, 02:39
    0
    All the amount in her account

    Explanation:

    It is important to let concern authority known regarding a stolen debit card before it has been used. In this case, Irene had to no idea that her card has been stolen, so Irene's potential maximum liability is the total amount in her account. The bank is not liable because she did not convey this news to the bank earlier.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Irene has a debit card but rarely uses it. Last night, she determined that her card was lost and had been for sometime. What is Irene's ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Liam uses checks and a debit card, but does not always write all the transactions in his checkbook register. He has lost track of his checkbook balance.
Answers (1)
According to a survey of the top 10 employers in a major city in the midwest, a worker spends an average of 413 minutes a day on the job. suppose the standard deviation is 26.8 minutes and the time spent is approximately a normal distribution.
Answers (1)
For the year ended december 31, 2013, lopez company has implemented an employee bonus program equal to 3% of lopez's net income, which employees will share equally.
Answers (1)
An investment pays you $100 at the end of each of the next 3 years. The investment will then pay you $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6.
Answers (1)
Why should financial managers strive to maximize the current value per share of the existing stock? - doing so guarantees the company will grow in size at the maximum possible rate - doing so increases employee salaries - because they have been
Answers (1)
New Questions in Business
Many people have argued that an income tax should be "marriage neutral," that is, two people should pay the same total tax whether they are married or they are single.
Answers (1)
Which company developed the first commercially successful computer? a. ibm b. apple c. amazon d. microsoft
Answers (1)
One of the best networking traits you can develop is
Answers (1)
The Bacon Company acquired new machinery with a price of $15,200 by trading in similar old machinery and paying $12,700. The old machinery originally cost $9,000 and had accumulated depreciation of $5,000.
Answers (1)
Which of these is an example of a tax on consumption?
Answers (1)
Home » Business » Irene has a debit card but rarely uses it. Last night, she determined that her card was lost and had been for sometime. What is Irene's potential maximum liability if someone uses the card without her permission?
Sign Up Forgot Password?