A burglar took some blank checks during a break-in at XYZ Company. He was careful to make sure that the theft would be difficult to discover

Three months later, he wrote himself a check for $20,000 and signed the company treasurer's name on the check. After the check was cashed, the loss was discovered. Which commercial crime coverage form would cover this loss?
A) Inside the Premises—Theft of Money and Securities
B) Money Orders and Counterfeit Currency
C) Forgery or Alteration
D) Outside the Premises


Answer: C

Business

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Research shows that unless there is a planned purpose in repatriation, the investment of as much as ________ to send an expatriate overseas is likely to be squandered completely because turnover among expatriates may be 30 percent or more within the first year back in their home countries.

A. $50,000 B. $500,000 C. $200,000 D. $1 million

Business

One of the major reasons for the existence of the forward market is to ________

A) provide a location for all currency traders to assemble and trade B) manage currency risk especially risk associated with a transaction C) hedge transactions involving foreign currency that occurred in the past D) prevent default in the transaction

Business

The general stance of qualitative researchers should be skepticism toward the ideas and theory they have created based on the data they have collected.

Answer the following statement true (T) or false (F)

Business

The extent to which retained earnings are used as a source of long-term capital for a firm, depends on the state of the economy.

Answer the following statement true (T) or false (F)

Business