Consumer Liability

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Dictionary Says

Definition of 'Consumer Liability'

The accountability put on consumers to not act in a negligent way. Consumer liability put on consumers is usually written in the fine print or written contract when transacting with companies. It is a method of companies protecting themselves from the potential negligence of consumers.
Investopedia Says

Investopedia explains 'Consumer Liability'

An example would be the Electronic Fund Transfer Act. It states that consumers may be exposed to limited liability for unauthorized e-fund transfers given certain circumstances. Consumers must also report lost or stolen credit cards within two business days after becoming aware or else the bank is not obliged to refund any losses. Typically it is up to the consumer to inform themselves of his or her potential liability.
Search results for

'Consumer Liability'

  • 7 Tips to Avoid Online Scams and Swindles - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/7-Tips-to-Avoid-Online-Scams-and-Swindles.aspx
    ... Many credit cards offer consumer insurance against fraudulent purchases, eliminating
    consumer liability for the debt. Credit Card Caution: Two. ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/default.asp
    ... 7.6 State Securities and Insurance Laws; 7.7 Business Law: Contracts; 7.8 Agency;
    7.9 Fiduciary Liability; 7.10 Consumer Protection Laws; 7.11 Consumer Protection ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/cfp4.asp
    ... 7.6 State Securities and Insurance Laws; 7.7 Business Law: Contracts; 7.8 Agency;
    7.9 Fiduciary Liability; 7.10 Consumer Protection Laws; 7.11 Consumer Protection ...

  • How To Avoid Buying A "Lemon" Product

    http://www.investopedia.com/articles/pf/11/solutions-to-lemon-problem.asp
    ... Consumer Protection Laws You Need To Know.) 5. Liability Laws Liability laws are
    a part of consumer protection regulations as established by the government. ...

  • CFA Level 1 Study Guide - Macroeconomics - The Consumer Price ...

    http://www.investopedia.com/exam-guide/cfa-level-1/macroeconomics/consumer-price-index.asp
    ... 4.11 The Consumer Price Index & Inflation; 4.12 Aggregate Supply & Aggregate ... 8.21
    Asset Impairment. 9. Liabilities: 9.1 Introduction; 9.2 Current Liability Basics ...

  • Am I responsible for fraudulent charges on my credit card?

    http://www.investopedia.com/ask/answers/09/stolen-credit-card.asp
    ... Several credit card companies have adopted a "zero liability" policy which means
    the consumer is not held responsible for any fraudulent charges. ...

  • Investopedia

    http://www.investopedia.com/ask/ViewFAQPrintable.aspx?url=%2fask%2fanswers%2f09%2fstolen-credit-card.asp
    ... Several credit card companies have adopted a "zero liability" policy which means
    the consumer is not held responsible for any fraudulent charges. ...

  • CFA Level 1 Study Guide - Liabilities - Long-Term Liability Basics ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/long-term-liability-basics.asp
    ... 4.11 The Consumer Price Index & Inflation; 4.12 Aggregate Supply & Aggregate ... 8.21
    Asset Impairment. 9. Liabilities: 9.1 Introduction; 9.2 Current Liability Basics ...

  • CFA Level 1 Study Guide - Liabilities - Current Liability Basics ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/current-liability-basics.asp
    ... 4.11 The Consumer Price Index & Inflation; 4.12 Aggregate Supply & Aggregate ... 8.21
    Asset Impairment. 9. Liabilities: 9.1 Introduction; 9.2 Current Liability Basics ...

  • 3 Essential Personal Finance Resolutions - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/3-Essential-Personal-Finance-Resolutions.aspx
    ... Consumer debt is undoubtedly a significant issue in the US, and the truth is ... So,
    obtain a free credit report and assess every individual liability against your ...

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