An armed robber pulled a gun on a teller at the Fourth National Bank.
An armed robber pulled a gun on a teller at the Fourth National Bank. He made off with over $10,000 in cash. Which insuring agreement in a financial institution bond is designed to cover such losses?
A) Insuring Agreement A—Fidelity
B) Insuring Agreement B—On Premises
C) Insuring Agreement C—In Transit
D) Insuring Agreement D—Forgery or Alteration
ANSWER
Answer: B
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