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GuDViN [60]
3 years ago
11

Employee theft coverage inventory will not be reimbursed if the only proof is what?

Law
1 answer:
enot [183]3 years ago
4 0

Employee theft coverage inventory will not be reimbursed if the only proof is loss in inventory or land and profit calculation.

<u>Explanation: </u>

An employer or a businessman can claim indemnity or insurance in case his employee commits property theft under the Employee theft coverage. This coverage can help for indemnifying the loss of property, money or securities as result of theft by the employee.

However, inventory shortages are not covered under this cover if the only proof available is profit and loss calculation. But if there is other proof like video of the theft, etc. then such loss can also be covered under this insurance scheme.

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New York  

Motorboats - Any individuals born on or after 5/1/96 are now required to successfully complete an approved course in boater education in order to operate a motorboat. Approved courses include those offered by NYS Parks, the U.S. Coast Guard Auxiliary or the U.S. Power Squadron. Individuals less than 10 years of age may not take this course of instruction.

Personal Watercraft - Operators may not operate a Personal Watercraft (JetSki, SeaDoo, etc.) unless they are at least 14 years of age and hold a boater safety certificate issued by State Parks, the USCG Auxiliary or the US Power Squadron for having completed a an 8-hour classroom based course of instruction.

A person without a safety certificate may operate a PWC when accompanied by someone over 18 years of age who is the holder of a boater safety certificate. For the purposes of this section, "accompanied" shall mean upon the same PWC.

North Carolina PWC operators between 14 and 16 years of age if they want to operate on their own .

North Dakota No person of twelve through fifteen years of age may operate a motorboat (includes personal watercraft, i.e. Jet skis, etc.) propelled by over a ten horsepower motor unless the operator is accompanied by a person eighteen years of age or older or the operator has taken and passed a boating course approved by the Department.

N Mariana Islands All

Ohio Anyone born on or after January 1, 1982 who operates a powerboat grater than 10 horsepower.

Oklahoma All persons from 12 to less than 16 years of age.

Oregon Boaters 12 and older operating a motorboat greater than 10 horsepower.

Pennsylvania  

Operators born on or after January 1, 1982 to operate motorboats greater than 25 horsepower and all operators of PWC.

Puerto Rico Anyone born after July 1, 1972.

Rhode Island All PWC operators and anyone born after January 1, 1986 operating a vessel powered by an engine of ten (10) or more horsepower.

South Carolina Persons younger than 16 years of age that operate a boat powered by 15 horsepower engine or greater by themselves.

South Dakota No requirement

Tennessee TN resident born after January 1, 1989 must pass a proctored exam.

Texas Operators between ages 13-17 years.

Utah Personal Watercraft operators 12 through 17 years old.

Vermont Any person born on or after January 1, 1974.

Virginia Beginning July 1, 2009 compliance with boating safety education will be phased in according to age category.

Washington  

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West Virginia Anyone born after December 31, 1986.

Wisconsin Anyone born on or after January 1, 1989 and who is at least 16 years old.

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