Jack and Rebecca go grocery shopping together. Jack uses his debit card to complete a PIN-based transaction. Rebecca uses her credit card to complete a signature-based transaction. Rebecca's credit card has a $2,000 credit limit with a balance of $240 after her transaction. If either of them loses their cards, which of the following is a possible scenario?

Question

anonymous · Answer

Select the best answer from the choices provided.
Jack will not be liable for any unauthorized charges if he reports his card stolen within five business days.
Rebecca will not be liable for any unauthorized charges made to her card after she reports it stolen.
Jack will be liable for up to $50 of unauthorized charges if he reports it after 60 days.
Rebecca will be liable for up to $500 of unauthorized charges if she reports it after 60 days.

anonymous · Answer

i know the answer .. can you figure it out