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3 years ago

what is the first action you should take if you suspect there has been a fraudulent charge on your credit card?

2 answers:

4 0

<u>Contact the credit card company is the first action we should take if we suspect there has been a fraudulent charge on the credit card. </u>

Further explanation:

Credit card:

Credit card is issued by financial institutes such as banks. A credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. A credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.

Steps to be taken if a fraudulent charge on the credit card happened:

The first step is to inform the credit card company regarding the fraudulent issue.
Change the password or pin of the credit card.
Inform the company and call the police of the region.
Check the statements of the credit card.
Check the online shopping details.
Maintain the balance and keep an eye on the amount of the credit card bills and statements.

Thus, the first step is to inform the credit card company regarding the fraudulent charge onthe credit card.

Learn more:

1. Common credit card fee

<u>brainly.com/question/1124275 </u>

2. Charging fee in case of credit card

<u>brainly.com/question/2668305 </u>

3. Consequences of non-payment of monthly credit card payment

<u>brainly.com/question/3211811 </u>

Answer details:

Grade: High School

Subject: Business studies

Chapter: Money and banking

Keywords:What is the first action you should take if you suspect there has been a fraudulent charge on your credit card, statements, cards, online shopping, credit card bills, shopping, credit card company, password, pin, keep an eye, police, region.

liberstina [14]3 years ago

3 0

Contact your bank or card provider. Hope this helps! :)

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Answer:

C) common stockholders, but after that of bondholders.

Explanation:

Preferred stockholders hold a claim on assets that has priority over the claims of common stockholders but after that of bondholders.

The preferred shareholder is given preference for the distribution of dividends, which is higher than the common stock. It is paid as per the discretion of the company´s directors. Instead, they have limited right and they do not vote for corporate governance like a common stockholder. In the case of the dissolution of the company, the preferred shareholders will still receive payment due to them in terms of dividends. They have a feature of both bonds and equity stockholders.

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3 years ago

The concept of target market as it pertains to marketing is defined as: Group of answer choices Dividing a market into groups ba

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Answer:

The correct option is option D, that is A set of buyers sharing the common needs or characteristics that the company decides to serve.

Explanation:

The concept of target market is termed as the group of potential customers to whom a company wants to sell its products and services. This group also includes specific customers to whom a company directs its marketing efforts.

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Option A is not correct as it is not the market target, it is the process of market segmentations.

Option B is not correct as it is a the market coverage strategy which targets several segments of the market.

Option C is not correct as it is a method of effective marketing.

So only option D is correct.

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3 years ago

Diego transfers real estate with an adjusted basis of $648,400 and fair market value of $907,760 to a newly formed corporation i

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3 years ago

x-co issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to reco

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If the company issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to record this event includes: is: Debit Cash $100,000 ; Credit to Preferred Stock $100,000.

<h3>How to prepare the journal entry?</h3>

Based on the given information we were told that the company issued 1,000 shares in which the cumulative preferred stock is the amount $100 cash per share. The appropriate journal entry to record the transaction is:

Journal entry

Debit Cash $100,000

Credit to Preferred Stock $100,000

( To record preferred stock)

Workings:

Preferred stock = 1,000 shares × $100 cash per shares

Preferred stock = $1000,000

Therefore the correct journal entry to record the transaction is to debit cash with the amount of $100,000 and credit Preferred stock with the amount of $100,000.

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Answer:

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3 years ago