WAEC Commerce 2018 Objective — Question 21
Question 21 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.
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The insurance policy taken to convert dishonesty of accounts personnel of an organization is
- A. employer's liability
- B. fidelity guaranteeCorrect
- C. life endowment
- D. marine insurance
Explanation
Fidelity guarantee insurance covers an employer against losses caused by the dishonesty of employees.
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