Which of the following federal legislations limits cardholder liability for unauthorized use?
A) Magnuson-Moss Warranty Act (1975)
B) Fair Credit Reporting Act (1970)
C) Truth in Lending Act (Consumer Protection Credit Act) (1968)
D) Deceptive Mail Prevention and Enforcement Act (1999)
E) Fair Packaging and Labeling Act (1966, 1972)
Answer: C
Explanation: Truth in Lending Act (Consumer Protection Credit Act) (1968) requires creditors to disclose finance charge and annual percentage rate, and limits cardholder liability for unauthorized use.
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