Your liability with credit cards is typically ________, whereas your liability with debit cards is _________.
A)the amount in your bank account, your credit limit
B)your credit limit, the amount in your bank account
C)the amount in your bank account, zero
D)your credit limit, zero
E)zero, the amount in your bank account

Question

Quizplus · Accepted Answer

Credit card users are often protected from fraud with a liability limit of $0, meaning they're not responsible for unauthorized charges if reported promptly. Debit card users, however, may be liable for the full amount in their bank account if they don't report unauthorized transactions in a timely manner.

Your Liability with Credit Cards Is Typically ________, Whereas Your