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WAEC Commerce 2016 Objective — Question 18

Question 18 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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18. Fidelity guarantee insurance is a cover against loss arising from A. trade debt B. personal accident C. dishonest staff D. Fire disaster

  • A. trade debt
  • B. personal accident
  • C. dishonest staffCorrect
  • D. Fire disaster

Explanation

Fidelity insurance protects the employer from the dishonesty of his employees.

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