In the ISO Commercial Crime Coverage Form,theft Is Defined as the

question 24

Multiple Choice

In the ISO Commercial Crime Coverage form,theft is defined as the

• A)unlawful taking of property to the deprivation of the insured.
• B)unlawful taking of property from the care and custody of a person by someone who has caused or threatens to cause bodily harm or who has committed an unlawful act witnessed by that person.
• C)unlawful taking of money or securities through the alteration of a negotiable instrument.
• D)unlawful taking of property from inside the premises by someone who unlawfully enters or leaves the premises as evidenced by marks of forcible entry or exit.

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Definitions:

Growth Oriented Firms

Companies that prioritize reinvestment of earnings into the business to drive sales and profit growth, often at the expense of short-term dividends.

Nonpayment of Dividends

The failure of a corporation to distribute earned profits to its shareholders at expected times.

Flotation Costs

The costs incurred by a company when issuing new securities, including underwriting, legal, and registration fees.

Positive Effect

A beneficial or favorable outcome or impact of a particular event, action, or policy.