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Wewaii [24]
3 years ago
9

The head teller of a bank embezzled $50,000 from the bank. Which insuring agreement in a financial institution bond is designed

to cover such losses?
Business
1 answer:
PIT_PIT [208]3 years ago
4 0

Answer:

Fidelity Bond

Explanation:

Based on the information provided within the question it can be said that the type of insurance that covers this is a Insuring Agreement called a Fidelity Bond. This is a type of insurance that covers the buyer of the policy from any losses that they may incur from a specific individual that works for them embezzling money or doing any other fraudulent behavior. Similar to what the head teller did to the bank in this scenario.

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refers to a system under which a country's currency is nominally allowed to float freely against other currencies, but in which
Temka [501]

Answer:

A Dirty Float

Explanation:

A dirty float or managed float, refers to a floating exchange rate system operated by a country's central bank where there are occasional interventions in the foreign excange markets to influence the demand and supply with the intention of curbing perceived volatilities in the currency.

As stated in the question, the intervention of the Central Bank will usually occur when it believes that the currency has deviated too far from its fair value.

The dirty float system is a buffer against external economic influences that may want to disrupt the foreign exchange market in a country.

Actually, from 1946-1971, many industrialized nations around the world operated the fixed exchange rate system or the Bretton Woods agreement but this changed August 15, 1971, when President Richard Nixon decided to exit the United States from this system and till date most nations that intend to protect their domestic markets and industries against external foreign influences have adopted the dirty float exchange system.

8 0
3 years ago
what are the building blocks of a personality select all that apply A. emotional qualities B, ethnic identity
taurus [48]

Answer:

A

Explanation:Bcause ethnic identity should not determine youre personality. Many peoplefrom the same ethic identity may have different personalities.

8 0
3 years ago
1 What is "POSDCORB"
vfiekz [6]

Explanation:

POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting

4 0
3 years ago
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A monopolist faces a
Maru [420]

Answer:

C

Explanation:

8 0
3 years ago
A law passed increasing the minimum wage by 10%.
MatroZZZ [7]

The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.

<h3>What is the impact of minimum wage on goods?</h3>

When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.

The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.

Based on research, an increase in minimum wage raises prices by 4 percent in the economy.

Read more on minimum wage here:brainly.com/question/1461885

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