1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olenka [21]
3 years ago
9

ABC Credit Union has a Commercial Crime policy that includes Computer Fraud coverage. After an employee was tricked into making

an unauthorized wire transfer on the basis of fraudulent, emailed instructions, why would the insurer deny the claim?
Business
1 answer:
Alexeev081 [22]3 years ago
4 0

Answer:

The insurer will deny because the fraud is not computer fraud but funds transfer fraud.

Explanation:

This loss is under Funds Transfer Fraud, not Computer Fraud.

When a computer is the direct means used for the crime, it is a Computer fraud. Fund transfer fraud coverage is when an instruction or series of instructions was what made the fraudulent transfer to occur, the means by which the instructions were given are not considered.

The crime was not in the use of a computer to make the transfer. It was in the instructions that caused an employee to make the transfer, making it a funds transfer fraud loss, not a computer fraud loss.

You might be interested in
Zach will be using powerpoint in a speech he is giving to the local rotary club. according to your textbook, zach should
Aneli [31]

Answer:

d

Explanation:

considering I do not have the textbook, i cant be fully certain but I think its d. and if it's not d, then it's mostly like e. sorry for not being more helpful!

4 0
2 years ago
Daleview has a cable television service provider. Non-subscribers are not permitted a ’free-ride.’ This means that the service p
Zigmanuir [339]

Answer:

The correct answer is letter "C": bans viewing by non-subscribers.

Explanation:

In economics, the free-rider problem arises when individuals refuse to pay their fair share or pay less for something others are paying. This situation occurs when individuals can consume a given resource without limits and when there is regulation over the resource consumption.

Thus, <em>Daleview is avoiding the free-rider problem in its TV cable service by setting bans to non-subscribers accounts.</em>

7 0
2 years ago
Tim, who is subject to a 35 percent marginal gift tax rate, made a gift of a painting to Ben, valuing the property at $7,000. Th
kherson [118]

Answer:

The undervaluation penalty is $560

Explanation:

Solution

Under valuation penalty applied when a person valued assets understated to save tax.

The undervaluation reduces the tax and hence comes with accuracy related penalty.

From the example, Tim undervalued the gift of $7,000 which is valued at $15,000 by IRS.

The deduction is undervalued for more than 150% and hence penalty is assessed. this is so because the income tax valuation is lower than 40%, so the penalty rate is 20%

Thus,

The calculation of overvaluation penalty is given below:

Undervaluation = $8000

Tax rate = 35%

Tax amount = $2,800

Penalty rate = 20%

Penalty on undervaluation is =$560

Therefore, the undervaluation penalty is $560

5 0
3 years ago
General taxes on certain goods such as gasoline, cigarettes, alcohol, cable television, and phone services are
Sindrei [870]
A) income taxes or excise taxes i hope i'd help enough
4 0
3 years ago
Read 2 more answers
Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
12345 [234]

Answer:

E. Accept B at 11.7 percent and neither at 13.5 percent

7 0
2 years ago
Other questions:
  • The overall design of organization structure indicates all of the following except: Group of answer choices
    9·1 answer
  • Ben was sent to one of his company’s factories to supervise the production and distribution of laptops. He had to take charge of
    5·1 answer
  • An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, cpa, and attorney. the firm's managers.
    5·1 answer
  • Why many people are convinced to engage in business
    9·1 answer
  • A local county is considering purchasing some dump trucks for the trash pickups. Each truck will cost $55,000 and have an operat
    13·1 answer
  • The external competitiveness of an organization's pay relative to elsewhere in the industry is measured by its ________. Group o
    5·1 answer
  • Match the term with its beliefs about the millenium.
    9·1 answer
  • Which of the following is an internet job search "do"​
    11·2 answers
  • Engineers and capital equipment manufacturing managers who have been recently laid off because companies are not buying new capi
    8·2 answers
  • ____ management encourages managers to make facts and logic the foundation of their approach to decision-making.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!