The errata list is a list of errors and their corrections that were found after the product was released.
The following errata were submitted by our customers and have not yet been approved or disproved by the author or editor. They solely represent the opinion of the customer.
Color Key: Serious technical mistake Minor technical mistake Language or formatting error Typo Question Note Update
| Version |
Location |
Description |
Submitted by |
Date submitted |
| Printed |
Page 19
3rd bullet point (or 5th paragraph) |
(I am quoting from "June 1997: First Edition".)
The heading for the bullet list is (2nd paragraph):
"Likewise, the merchant faces real risks as well:"
The bullet point in question reads in full (3rd bullet):
"Sonia might be Jason, a 14-year-old computer prankster
who has stolen Sonia's credit card number and is using it
illegally to improve his CD collection."
The "error" is that this would be a problem for the bank (or financial
institution) that issued the credit card - not a problem for the merchant
(barring negligence on the part of the merchant, which wouuld be a separate
issue).
In fact, on the previous page (p.18), it says in the first line:
"...If a credit card merchant gets a credit card approved
and ships out a CD, the bank is obligated to pay the merchant
for the charge, even if the credit card is reported stolen
later that day."
Thus, the risk is the bank's and not the merchant's.
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