« previous next »

Author Question: A Pony Express Armored Car was transporting bank receipts from six branch banks to the main bank. A ... (Read 69 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jul 11, 2018
A Pony Express Armored Car was transporting bank receipts from six branch banks to the main bank. A group of robbers staged a daring robbery. They forced the armored car off the road, shot two guards, and took over 120,000 in cash.
 
  Which insuring agreement in a financial institution bond would cover the stolen money in this case?
  A) Insuring Agreement AFidelity
  B) Insuring Agreement BOn Premises
  C) Insuring Agreement CIn Transit
  D) Insuring Agreement DForgery or Alteration

Question 2

An armed robber pulled a gun on a teller at the Fourth National Bank. He made off with over 10,000 in cash. Which insuring agreement in a financial institution bond is designed to cover such losses?
 
  A) Insuring Agreement AFidelity
  B) Insuring Agreement BOn Premises
  C) Insuring Agreement CIn Transit
  D) Insuring Agreement DForgery or Alteration


bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Joseph Banks Joseph Banks
Many children learn not to express prejudice overtly but may feel it implicitly. Many children learn not to express prejudice overtly but may feel it implicitly.
Number and label designations for oxygen sensors. Bank 1 is the bank where cylinder number 1 is ... Number and label designations for oxygen sensors. Bank 1 is the bank where cylinder number 1 is ...
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Piggy bank Piggy bank
Video: Summary of female reproductive cycle days 1-28

For a complete list of videos, visit our video library