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GCE Commerce 2024 Objective — Question 23

Question 23 of 50 from the General Certificate of Education (GCE) Commerce 2024 Objective paper, with the correct answer and a full explanation.

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The insurance policy that covers a company against cashiers' dishonesty is

  • A. A. consequential loss
  • B. B. employers' liability
  • C. C. fidelity guaranteeCorrect
  • D. D. third party

Explanation

Fidelity guarantee insurance protects an employer against losses arising from the dishonesty of employees such as cashiers.

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