A "Fidelity Bond" does NOT cover which one (1) of the following exposures? Robbery of money from an employee. Theft of money by an employee. Theft of equipment by an employee. Theft of the employer's property by two employees acting together.
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- A 72-year-old pensioner was robbed of $23,000 moments after she left a bank in St. Augustine on Monday. Uncutt News was told that the woman, who lives at Valsayn South, was also robbed of her purse which contained personal items. Around 1:30 pm on Monday 24th April 2023, the victim emerged from Scotia Bank at the corner of St. John's Road and Eastern Main Road in St. Augustine and was walking through the car park when a car stopped near her. Two suspects got out of a grey Toyota motorcar Reg. No. PDJ 9252 and approached her. One of the suspects pointed a gun at the woman and announced a robbery. The victim, Uncutt understands, handed over a white envelope that contained TTD 23,000. She was also relieved of two gold rings, and a black wallet with personal items including her Driver's Permit and national ID card. The suspects re-entered their vehicle and fled the scene. A report was made to the police and PC Mosan of the St. Joseph CID was detailed to investigate the incident.…A 72-year-old pensioner was robbed of $23,000 moments after she left a bank in St. Augustine on Monday. Uncutt News was told that the woman, who lives at Valsayn South, was also robbed of her purse which contained personal items.Around 1:30 pm on Monday 24th April 2023, the victim emerged from Scotia Bank at the corner of St. John's Road and Eastern Main Road in St. Augustine and was walking through the car park when a car stopped near her.Two suspects got out of a grey Toyota motorcar Reg. No. PDJ 9252 and approached her. One of the suspects pointed a gun at the woman and announced a robbery.The victim, Uncutt understands, handed over a white envelope that contained TTD 23,000. She was also relieved of two gold rings, and a black wallet with personal items including her Driver's Permit and national ID card. The suspects re-entered their vehicle and fled the scene. A report was made to the police and PC Mosan of the St. Joseph CID was detailed to investigate the incident.Flashback:On…DigiTech Corporation pays its employees every two weeks. Eve gets her paycheck, indorses the back (“Eve Anderson”), and, on her lunch hour, goes to cash it at DigiTech’s bank, First State Bank. On the street, in a crowd, she loses the check. Greg Smith finds it. Has the check been negotiated to Greg? Greg signs the back of the check beneath Eve’s signature and cashes it. What might Eve have done to avoid this loss?
- A 72-year-old pensioner was robbed of $23,000 moments after she left a bank in St. Augustine on Monday. Uncutt News was told that the woman, who lives at Valsayn South, was also robbed of her purse which contained personal items. Around 1:30 pm on Monday 24th April 2023, the victim emerged from Scotia Bank at the corner of St. John's Road and Eastern Main Road in St. Augustine and was walking through the car park when a car stopped near her. Two suspects got out of a grey Toyota motorcar Reg. No. PDJ 9252 and approached her. One of the suspects pointed a gun at the woman and announced a robbery. The victim, Uncutt understands, handed over a white envelope that contained TTD 23,000. She was also relieved of two gold rings, and a black wallet with personal items including her Driver's Permit and national ID card. The suspects re-entered their vehicle and fled the scene. A report was made to the police and PC Mosan of the St. Joseph CID was detailed to investigate the incident.…Second-degree murder Involuntary manslaughter Burglary Larceny Forgery Extortion Embezzlement Cyber crime Money Laundering Fraud [Choose ] The taking of another's personal property other than from his or her person or building. The unintentional, unlawful killing of a human being by another person that is caused by a negligent or reckless act. The taking of personal property from another's home, office or commercial or other type of building. Knowingly engaging in a financial transaction involving the proceeds of an illegal activity. The fraudulent conversion of property by a person to whom that property was entrusted. The intentional, unlawful killing of a human being by another person that is not premeditated. The fraudulent making or alteration of a written document that affects the legal liability of another person. A threat to expose something about another person unless that other person gives money or property. Obtaining the title to property through deception or trickery A…Jose purchased a second-hand riding lawnmower from the manufacturer, ABC Inc. Before using the mower, Jose opened the hood to fill up the gas tank. He took off the cap and placed it on the tank. He started to pour in the gas. He had to stop to get the cap when it rolled off the tank. He again placed in the hood and continue to pour the gas into the tank. The cap again rolled away and, this time, it hit the battery and caused a spark that ignited the gasoline fumes. As the fire started, he dropped off the gasoline container that he was holding on and spilled the gas which resulted in a blazing fire that destroyed his garage and home. ABC Ltd. is aware of the problem since there were several incidents and lawsuits. To address this problem, ABC Inc. manufactured a battery-covered and provide a safety kit to its customers. Jose was not aware of this issue nor receive a copy of a safety kit. Does ABC Inc owe a duty of care? Is the duty of care foreseeable? Does ABC Inc solution meet the…
- Arvo Lake, a retired 71-year-old man, bought an air conditioner in May. The unit was installed and operated according to the manufacturer's specifications. Unbeknownst to Lake, the unit contained a hole in the refrigeration system that allowed Freon, the coolant, to escape from the unit. By August, the unit had ceased cooling, and Lake's residence reached a temperature of at least 96 degrees Fahrenheit. The heat caused Lake to suffer from hyperthermia, which caused circulatory failure and then death. The executor of Lake's estate sued the manufacturer of the air conditioner for damages resulting from breach of warranty.Was Lake's death a foreseeable consequence of the air conditioner's failure to operate properly?Explain how a business can ensure that their employees are not involved in any illegal or other inappropriate activity with respect to computers, the internet, and voice mail.During a purchase transaction, which of the following circumstances may be an Indicator of occupancy fraud? A) The current residence is listed for sale. B) The second home being purchased is in another state. C) The investment property appraisal shows the occupant to be a tenant. D) The owner occupancy claimed on the home is a considerable distance from the owner's plac of employment.
- If a borrower has a home equity conversion mortgage, also known as a reverse mortgage, and lives in an assisted living or nursing facility for more than a year, the borrower: A) will be required to repay the balance owed on the reverse mortgage. B) will be required to make payments on the balance owed on the reverse mortgage, C) is permitted to allow the borrower's child to remain in the home and keep the mortgage open. D) is permitted to receive higher payments from the mortgage lender to pay for the assisted living or nursing facility.Employee arrested after Eskom power station is hit by more oil theftLess than a year after Eskom uncovered an oil crime syndicate at its Tutuka power station in Mpumalanga, an employee has been arrested after more oil theft was uncovered at the power station.On Monday, the Eskom employee appeared in court after 10 drums of oil, worth R800 000, were stolen. Eskom said that following an internal investigation, and with the support of the Hawks, the employee appeared in the Standerton Magistrate's Court and was remanded in custody for a bail application. "We shall ensure that bail is denied, and that the employee faces the full might of the law," said Karen Pillay, generalmanager for Eskom Group Security. Last year, Eskom uncovered that a syndicate was stealing approximately R100 million worth of oil per month from Tutuka. In a separate incident at the Matla power station, cleaning contractors were arrested for allegedly stealing copper cables which they placed in a waste storage…Bill Estes works at Clifford Company in the central receiving department. He unpacks incoming shipments and verifies goods received. Over the weekend, Bob pulled a muscle in his back while playing baseball. When he came to work on Monday and started unpacking shipments, he started to hurt again. Bob called the human resource department and told them he got hurt lifting a package at work. He was told to fill out an accident report and send it to an orthopedic clinic with a workers' compensation form. The doctor at the clinic told Bob not to lifting for about two and stay home for at least one week. Is Bob entitled to workers' compensation? Why or Why no? What effect will Bob's claim have on Cliffrock Company's Workers' Compensation Insurance Premium? Write a short memo from the human resource department to Cliffrocks Company employees explaining the purpose of workers' compensation. In small groups discuss the job-related illness or injury risks of a computer input operator and…