The head teller of a bank embezzled $50,000 from the bank. Which insuring agreement in a financial institution bond is designed to cover such losses?

A) Insuring Agreement A—Fidelity
B) Insuring Agreement B—On Premises
C) Insuring Agreement C—In Transit
D) Insuring Agreement D—Forgery or Alteration

Answer: A

Business

You might also like to view...

Marketing helps consumers recognize an ______________ between present status and preferred state.

Fill in the blank(s) with the appropriate word(s).

View
Business

Business demand ultimately derives from the demand for consumer goods

Indicate whether the statement is true or false

View
Business