Kendra’s credit card is stolen. She calls the credit card company to report it and the company says there are three large purchases on her card. She tells the company she did not make those purchases. Why does the credit card company tell her she is only responsible for $50.00 of those charges? (1 point) Responses Federal law regulates a consumer’s liability for fraudulent charges. Federal law regulates a consumer’s liability for fraudulent charges. Credit card companies do not penalize consumers in cases of fraud. Credit card companies do not penalize consumers in cases of fraud. Credit card companies know when charges are not made by the consumer. Credit card companies know when charges are not made by the consumer. Federal law states that credit card companies must collect that amount from consumers.