State whether each of the following statements about fidelity bonds (bonding) is correct or…
State whether each of the following statements about fidelity bonds (bonding) is correct or incorrect. Explain why in each case. a. A fidelity bond covers unexplained losses of inventory even if there is no indication of how the losses occurred. b. In theft insurance, subrogation means that the insured is liable for amounts not recovered from employees who have stolen. c. A company may recover more than the policy amount. Mar 29 2022 03:03 PM
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