An assurance, generally purchased by an employer, to cover employees who are entrusted with valuable property or funds is known as a _____ bond.

Name: An assurance, generally purchased by an employer, to cover employees who are entrusted with valuable property or funds is known as a _____ bond.
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Question

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The description of the bond fits that of a fidelity bond, which is designed to protect against losses stemming from employee dishonesty or fraud.

An Assurance, Generally Purchased by an Employer, to Cover Employees