Grammatical Error:
* "Check is true" doesn't make grammatical sense. You need a verb to describe the action taken when a card is reported lost or stolen.
Ambiguity:
* It's unclear what "check" refers to. Do you mean:
* A check is conducted to verify the report?
* The cardholder's statement is checked for accuracy?
* A check is issued to the cardholder for a replacement card?
Here's how to rewrite the statement for clarity and accuracy:
Option 1 (Verifying the report):
"In the event that a Cardholder reports a misplaced, lost, or stolen card, a verification check is conducted."
Option 2 (Checking the Cardholder's statement):
"In the event that a Cardholder reports a misplaced, lost, or stolen card, the Cardholder's statement is checked for accuracy."
Option 3 (Issuing a replacement card):
"In the event that a Cardholder reports a misplaced, lost, or stolen card, a replacement card is issued."
Choose the option that best reflects the specific action you want to describe.