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Katherine Loses Her ATM Card While Visiting Her Boyfriend in Boston

Question 136

Multiple Choice

Katherine loses her ATM card while visiting her boyfriend in Boston. She doesn't realize it until she gets home to New Jersey after a week in Boston. She immediately notifies the bank that she lost her card 7 days ago. How much is Katherine liable for in losses?


A) $0
B) $50
C) $500
D) $1000
E) $10,000

Correct Answer:

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