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LuckyWell [14K]
3 years ago
14

A travel agency discovers that it has been charged for payments to a print shop drawn on checks written by an unknown third part

y masquerading as the travel agency comptroller. Under which Commercial Crime insuring agreement would this loss be covered?
Business
2 answers:
trasher [3.6K]3 years ago
8 0

Answer:

Forgery or Alteration Coverage Form.

Explanation:

The travel agency loss would be covered under Forgery or Alteration coverage form.

Under Commercial Crime insuring agreement, It insures an individual or business against the forgery or alteration of financial instruments e.g promissory notes, drafts, and checks with respect to payment of a sum of money that was made or drawn by the insured or anyone acting on his/her behalf such as next of kin.

HACTEHA [7]3 years ago
8 0

Answer:

Forgery / alteration

Explanation:

Crime insurance policies are designed to provide coverage against loss of assets, including money and securities, resulting from theft (employee or third party), dishonesty and fraud.

Fraud includes computer fraud, impersonation fraud and forgery or alteration of promissory notes, checks  and any other type of document that may result in a payment of any amount of money.

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A bottling plant fills 1,200 bottles every two hours. The lead time is 60 minutes and a container accommodates 130 bottles. The
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Answer:

6

Explanation:

Given that

Annual Demand = 10 bottles in 1 minute

Leading time = 60 minute

percentage of Safety stock = 0.2

Container size= 130 bottles

The computation of the number of kanban cards is given below:-

= Annual demand × Leading time (1 + percentage of safety stock) ÷ Container size

= 10 × 60 (1 + 0.2) ÷ 130

= 600 (1.2) ÷ 130

= 5.538

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3 years ago
Sandra Stone, Vice President of International Operations for Global Apparel Corporation, was working with her subordinate, Pete
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Answer: develop a reentry plan for Pete prior to the completion of the overseas assignment.

Explanation:

The options to the question are:

A. develop a reentry plan for Pete prior to the completion of the overseas assignment.

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C. save costs by avoiding a "look-see" trip for Pete and his family, given Pete's enthusiasm.

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E. develop the assignment "on the fly" given the uncertainties involved.

From the question, we are informed that Sandra Stone, Vice President of International Operations for Global Apparel Corporation, was working with her subordinate, Pete Thompson, to plan for his upcoming 18-month overseas assignment to the firm's new office in Rome.

We are further told that based upon her experience with previous failed overseas assignments, she was taking steps to avoid another failure. Therefore, one of the key features of Sandra's plan for Pete was to develop a reentry plan for Pete prior to the completion of the overseas assignment. This will help to prevent another failed overseas assignment.

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You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is call
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Is called collusion

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