Which of the following statements about the commercial crime insurance policy is true?
A) Loss from the unauthorized disclosure of confidential information is covered.
B) Theft committed by the named insured or his/her partners is covered.
C) Inventory shortages are only covered if proof of loss depends on an inventory computation or on a profit and loss computation.
D) Indirect losses, such as loss of profits after a business is closed because of a burglary, are excluded.
c
Answer: D
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What is the limit of insurance that applies to "property in transit" under the extensions of coverage on the ISO standard BOP policy?
a. $1,000 b. $2,500 c. $5,000 d. $10,000
The statement of "explicit lateral movements replace rapid upward functional mobility with a far broader set of experiences" refers to which practices for developing executives capable of adaptation and leading change?
a. structural and design changes b. explicit international movement c. career mazes d. slower velocity to allow greater learning e. none of the above