Consumers should provide credit card numbers or bank account information over the telephone only when:
A. They initiated the call and are purchasing a legitimate product.
B. They are asked to give the information
C. The entity receiving this information is a legitimate company.
D. They feel confident that the receiving entity will protect such information.
E. Doing so qualifies them to receive certain financial benefits.
Answer: A
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Fraud Chapter 15
- Those most susceptible to consumer fraud are often:
- What is one way to determine if a Web site is secure or not?
- Which of the following institutions would not be very helpful to call in the event of identity theft?
- Which of the following is not listed in the chapter as a common characteristic of Nigerian scam letters?
- Which federal statute requires that credit reports can only be obtained for legitimate business needs?
- What does "https" stand for?
- What is the best defense against consumer fraud?
- The major reason that elderly people are so susceptible to telemarketing fraud is that they:
- Which of the following is a common characteristic of fraudulent money offer letters?
- If you become a victim of identity theft, you should first:
- The Gramm-Leach-Bliley Act gives you the right to:
- In order to protect yourself from identity theft, you should:
- Multilevel marketing companies:
- Phishing is the method of: