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Which of the following scenarios might indicate that you might have been a victim of identity theft

A. Your credit report displays accounts you did not open

B. You do not pay your credit card bill on time

C. Both A and B

D. Neither

Respuesta :

the answer to this question is A.Your credit report displays accounts you did not open
When you see unrecognized account on your credit card bill, it will be most likely that some other people who possess all your information the one who did. Not paying your credit card bill on the other hand only happen because of negligence, not any of the external factors

The correct option is A.

Your credit report displays accounts you did not open might indicate that you might have been a victim of identity theft.

Further Explanation:

Identity theft:

Identity theft is stealing someones’ details or the information and misusing the information. It is very frequent in the United States nowadays. People should be more careful about their information or personal details due to increasing identity frauds these days.

Some of the major steps to be taken while assisting a stop to this identity theft by:

  • Contact the cardholder company and placing a fraud report regarding identity theft.
  • Placing a security block on the credit report.
  • Cleaning up the account.
  • Contact the bank and the company regarding the fraud of identity theft.

Justification for the correct and incorrect answer:

A.

Your credit report displays accounts you did not open: This option is correct.

When the credit report shows that the account you did not open, this is a suspicious case where one has accessed our account, and it can be a case of identity theft.

B.

You do not pay your credit card bill on time: This option is incorrect.

If the payment of the credit card has not been made on time, this will not be a scenario of identity theft, identity theft is stealing someones’ details or information, and it is a fraudulent activity.

C.

Both A and B: This option is incorrect.

Option A is correct, but option B is not correct, so this option is incorrect.

D.

Neither: This option is incorrect.

Since the option A is correct so, this option is incorrect as it says neither of the above options is correct, which is wrong.

Learn More:

1. Consumer protection law

https://brainly.com/question/1862829

2. Consumer protection law

https://brainly.com/question/5906552

3. Basic rights

https://brainly.com/question/10185359

Answer Details:

Grade: High School

Chapter: Business Studies

Subject: Consumer Rights

Keywords:

Which of the following scenarios might indicate that you might have been a victim of identity theft, your credit report displays accounts you did not open, you do not pay your credit card bill on time, both A and B, neither.

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