Question: [ 1 2 points ] Hap's Place is a gift shop insured under the ISO Commercial Crime Coverage Form that includes these insuring agreements: Employee
points Hap's Place is a gift shop insured under the ISO Commercial Crime Coverage Form that includes these insuring agreements:
Employee Theft
Inside the Premises Theft of Money and Securities
Inside the Premises Robbery or Safe Burglary of Other Property
Outside the Premises
Indicate which, if any, of those insuring agreements would cover each of the following losses. If a loss is not covered by one of the insuring agreements, explain why, and identify another insuring agreement, if any, that would have covered the loss.
An employee of Hap's voided the record of an actual sale and took the cash that had been deposited in the cash register for that sale.
After receiving a lower raise than expected, a Hap's employee intentionally damaged store merchandise.
A Hap's employee was rumored to be secretly selling music boxes from Hap's inventory and pocketing the proceeds. The employee admitted no wrongdoing, but a physical inventory revealed that five such music boxes were unaccounted for, resulting in a $ inventory shortage.
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