Question
___________ type of bond guarantees a form of
insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts.Solution
A fidelity bond or fidelity guarantee is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals or parties. It usually insures a business for losses caused by the dishonest acts of its employees.
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