Worth of unauthorized charges have been made on her card

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Reference no: EM131028001

Cristina receives from the Seventh National Bank a new credit card that does not provide a signature line or any other means for a retailer to verify that the user of the card is the authorized user. The next day, Cristina's card is stolen. As soon as she discovers the theft, she calls Seventh National to report the loss. Already, $620 worth of unauthorized charges have been made on her card. Cristina:

will have to pay for the entire $620 of unauthorized charges.

will have to pay for $50 of the unauthorized charges.

will not have to pay any amount of the unauthorized charges.

will have to pay for 50% of the unauthorized charges.

Reference no: EM131028001

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