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A policy that covers a trader against the risk of payment default by customer is

A policy that covers a trader against the risk of payment default by customer is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Stock insurance
  • B Trade insurance
  • C Fidelity insurance
  • D Credit insurance
Correct Answer: Option C
Explanation:
Fidelity Guarantee Insurance provides insurance against direct financial loss to companies arising out of the dishonesty of their employees.

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