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Amara lost his debit card on May 1st. He reported it missing the next day; however, $600 had already been purchased with the card without the use of his PIN number. How much of this $600 loss is Amara responsible for?
A. $600.
B. $50.
C. $0.
D. $500.


Sagot :

Based on the amount that had already been purchased with the card, the amount owed by Amara would be B. $50.

How much is Amara responsible for?

Federal law states that if your card is stolen and you report it immediately, you aren't liable for any charges to the account.

If you report it within two days however instead of immediately, you would be liable for $50 which is the case with Amara.

In conclusion, option B is correct.

Find out more on stolen item procedure at https://brainly.com/question/9195967.