WAEC Commerce 2024 Objective — Question 23
Question 23 of 50 from the West African Examinations Council (WAEC) Commerce 2024 Objective paper, with the correct answer and a full explanation.
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23. The insurance policy that covers a company against cashiers' dishonesty is A.
- A. consequential loss.
- B. employer's liability.
- C. fidelity guarantee.Correct
- D. third party.
Explanation
Fidelity guarantee insurance is the insurance taken against loss an employer can incur as a result of dishonesty of employee.
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