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What is the maximum amount that you can be forced to pay according to Federal law if your credit card is stolen and the total debt reaches a $1,000, but you notify the issuer of the card as soon as you discover it is missing?



A. Nothing
B. $50
C. $500
D. $1,000

This question is part of FoolProof Financial Literacy Quiz
Asked by Foolproofteacher, Last updated: Aug 02, 2020

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2 Answers

John Adney

John Adney

Answered Jun 01, 2017

50 because they owe more in debt and have more finace
 

John Smith

John Smith

Answered Dec 14, 2016

$50
 

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