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Is that still a viable risk management approach for consumer

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Assignment: Insurance Risk

Drawing similarities between credit card processing and the insurance industry is interesting. Many years ago as a young banker, I managed credit card complaints for a large bank in Chicago. One method of mitigating risks back then was to educate consumers of their rights regarding credit card charges by merchants. In your opinion and expertise, is that still a viable risk management approach for consumers today? Class, what's your opinion here?

Reference no: EM131406274

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