Questions: 7 Which of the statements about a reported lost or stolen travel card is true? Choose an appropriate option and select Submit. The cardholder is responsible for authorized charges made before losing the card. The old account remains open until the cardholder verifies receipt of their new card. The travel card vendor issues a new travel card and PIN within 5 business days. Authorized transactions are not transferred to the new account if they are disputed. Submit

7 Which of the statements about a reported lost or stolen travel card is true? Choose an appropriate option and select Submit. The cardholder is responsible for authorized charges made before losing the card. The old account remains open until the cardholder verifies receipt of their new card. The travel card vendor issues a new travel card and PIN within 5 business days. Authorized transactions are not transferred to the new account if they are disputed. Submit
Transcript text: 7 Which of the statements about a reported lost or stolen travel card is true? Choose an appropriate option and select Submit. The cardholder is responsible for authorized charges made before losing the card. The old account remains open until the cardholder verifies receipt of their new card. The travel card vendor issues a new travel card and PIN within 5 business days. Authorized transactions are not transferred to the new account if they are disputed. Submit
failed

Solution

failed
failed
Answer

The answer is: The travel card vendor issues a new travel card and PIN within 5 business days.

Explanation
Option 1: The cardholder is responsible for authorized charges made before losing the card.

This statement is generally true for most credit and travel card policies. Cardholders are typically responsible for any charges made before they report the card as lost or stolen.

Option 2: The old account remains open until the cardholder verifies receipt of their new card.

This statement is not typically true. Usually, the old account is closed immediately upon reporting the card as lost or stolen to prevent any unauthorized transactions.

Option 3: The travel card vendor issues a new travel card and PIN within 5 business days.

This statement is true for many travel card vendors. They often have a policy to issue a new card and PIN within a specified timeframe, such as 5 business days, to ensure the cardholder can resume their activities with minimal disruption.

Option 4: Authorized transactions are not transferred to the new account if they are disputed.

This statement is not accurate. Authorized transactions, whether disputed or not, are typically transferred to the new account. Disputes are handled separately through the card issuer's dispute resolution process.

Was this solution helpful?
failed
Unhelpful
failed
Helpful

Questions asked by other users

failedAnswered
The economic or protective potential of employee experience, actions, and knowledge is referred to as human capital
failedAnswered
Use the passages to answer the question. What is used in both passages?
failedAnswered
If f(x)=cot(x) and f(a)=7, find the exact value of the following. (a) f(-a) (b) f(a)+f(a+π)+f(a+2π) (a) f(-a)=-7 (b) f(a)+f(a+π)+f(a+2π)=
failedAnswered
Acetic acid and water react to form hydronium cation and acetate anion, like this: HCH3CO2(aq) + H2O(l) → H3O+(aq) + CH3CO2-(aq) Imagine 249 mmol of HCH3CO2 are removed from a flask containing a mixture of HCH3CO2, H2O, H3O+ and CH3CO2- at equilibrium, and then answer the following questions. What is the rate of the forward reaction before any HCH3CO2 has been removed from the flask? - Zero. - Greater than zero, but less than the rate of the reverse reaction. - Greater than zero, and equal to the rate of the reverse reaction. - Greater than zero, and greater than the rate of the reverse reaction. What is the rate of the forward reaction just after the HCH3CO2 has been removed from the flask? - Zero. - Greater than zero, but less than the rate of the reverse reaction. - Greater than zero, and equal to the rate of the reverse reaction. - Greater than zero, and greater than the rate of the reverse reaction. What is the rate of the forward reaction when the system has again reached equilibrium? - Zero. - Greater than zero, but less than the rate of the reverse reaction. - Greater than zero, and equal to the rate of the reverse reaction. - Greater than zero, and greater than the rate of the reverse reaction. How much less HCH3CO2 is in the flask when the system has again reached equilibrium? - None. - Some, but less than 249 mmol. - 249 mmol. - More than 249 mmol.
failedAnswered
4(4y-3)-(y-5)=-52