Value is based on underlying security or commodity

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Reference no: EM13870697

1. All of the following are ISO commercial crime coverage exclusions except.

A. Indirect loss resulting from covered losses

B. Losses from unauthorized trading in stocks and bonds

C. Theft committed by an employee of the named insured

D. Dishonest acts committed by a named insured or partner of the named insured

2. A financial instrument that's value is based on an underlying security or commodity is called a/an?

A. Derivative security

B. Enterprise contract

C. Insurance contract

D. Employment Contract

Reference no: EM13870697

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