On May 2, 1981, plaintiff, an attorney by profession, had in his possession a MasterCard credit card issued to him by defendant Citicorp Credit Services, Inc. (Citicorp) which he tendered to an employee of defendant Fortunoff, Inc., for the purpose of effectuating the purchase of certain merchandise on credit. The employee took steps to verify plaintiff's credit and received instructions to retain the card and abort the transaction...
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