XYZ Insurance Company markets a wide range of coverages. One type of coverage provides monetary compensation if a bonded party fails to perform certain acts. This coverage is called

A) property insurance.
B) liability insurance.
C) a fidelity bond.
D) a surety bond.


Answer: D

Business

You might also like to view...

The z value for a point is the number of standard deviations a point is away from the mean

Indicate whether the statement is true or false

Business

Capital investment analysis involves all of the following except

A) preparing formal requests for capital investments. B) analyzing the sales mix. C) selecting the best alternative. D) dividing available capital investment funds.

Business

The purchase of office supplies on account will require a debit to the Office Supplies account and a credit to the Cash account

Indicate whether the statement is true or false

Business

Which of the following is NOT a factor to be considered in offering a service?

a. degree of customer interaction b. intensity of labor c. degree of customization d. potential for outsourcing

Business