The purchase of an insurance bond (bonding)is a good way for a hotel to protect itself against the negative impact of
A) a fire.
B) a robbery.
C) embezzlement.
D) natural disasters.

Question

Quizplus · Accepted Answer

An insurance bond (bonding) protects a business against losses from employee dishonesty, including embezzlement. It does not typically cover losses from fire, robbery, or natural disasters, which would be covered by other types of insurance such as property and casualty insurance.

The Purchase of an Insurance Bond (Bonding)is a Good Way