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Which of the Following Statements Is TRUE

Question 2

Multiple Choice

Which of the following statements is TRUE?


A) A surety bond generally provides coverage if an employee steals something from a business or its customer.
B) Key person insurance usually applies after the owner of a business or the director of a company is convicted of a crime.
C) Business interruption insurance is generally used to hire and train a replacement if a key member of an organization dies unexpectedly.
D) Hacker insurance provides protection from losses that may be caused by computer viruses.
E) A fidelity bond is generally used to assure a customer that compensation will be available if a project is not completed on schedule.

Correct Answer:

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