Question

Anthony's debit card was stolen, and someone purchased over $1,000 worth of items on it. Which law or regulation protects Anthony from having to pay for all of it?

Truth in Savings Act
Electronic Fund Transfer Act
Expedited Funds Availability Act
FDIC Deposit Insurance Regulations

Answer 1

The FDIC Deposit Insurance Regulations protects Anthony from having to pay for all of it. The FDIC protects banks that are a member and enrolled in FDIC protection. This allows them to file a calm against stolen money (or other things) to help their consumers if there is an issue with finding charges that were not made by them.

Answer 2

Answer:

the correct one is Electronic Fund Transfer Act

Explanation:

I did the quiz in odyssey and that is the right one