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Author Question: Smith is Manager of ABC Department Store. Jones, ABC's Security Director, visited Smith to ask some ... (Read 105 times)

tsand2

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Smith is Manager of ABC Department Store. Jones, ABC's Security Director, visited Smith to ask some questions. During questioning, Smith admitted that he stole 10,000 in merchandise. He was disciplined, but not fired.
 
  The loss was not reported to the insurer that wrote ABC's crime insurance. Six weeks later, Smith was observed on a surveillance camera stealing over 50,000 in jewelry from ABC. ABC immediately reported the loss to its crime insurer. Which ISO crime coverage condition may prevent ABC from collecting for this loss?
  A) termination as to any employee
  B) discovery form
  C) loss sustained form
  D) loss sustained under prior insurance

Question 2

What are the primary differences among a sole proprietorship, a partnership, and a corporation?
 
  What will be an ideal response?


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brittanywood

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tsand2

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Reply 2 on: Jul 11, 2018
Excellent


marict

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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