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<blockquote data-quote="JonFrum" data-source="post: 811308" data-attributes="member: 18044"><p>If the theft was from a customer, rather than from UPS, then yes, the $50k would be paid to the customer. But who pays the $50k????</p><p> </p><p>If UPS has secured a bond with a surety agency, the surety pays either directly to the customer, or to UPS who then pays the customer. But I suspect there is no bond involved. I think UPS just pays the customer (probably reluctantly after a fight) out of their own funds. UPS makes the customer whole, but no one makes UPS whole. They just "eat" the loss.</p><p> </p><p>Also,<u> if</u> there is no actual surety company involved, then UPS can not claim that the job applicant is rejected because UPS couldn't get him bonded. Rather, it would be UPS rejecting the applicant for their <u>own</u> reasons, which they should just admit to, instead of laying-off the blame on a non-existant third party.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 811308, member: 18044"] If the theft was from a customer, rather than from UPS, then yes, the $50k would be paid to the customer. But who pays the $50k???? If UPS has secured a bond with a surety agency, the surety pays either directly to the customer, or to UPS who then pays the customer. But I suspect there is no bond involved. I think UPS just pays the customer (probably reluctantly after a fight) out of their own funds. UPS makes the customer whole, but no one makes UPS whole. They just "eat" the loss. Also,[U] if[/U] there is no actual surety company involved, then UPS can not claim that the job applicant is rejected because UPS couldn't get him bonded. Rather, it would be UPS rejecting the applicant for their [U]own[/U] reasons, which they should just admit to, instead of laying-off the blame on a non-existant third party. [/QUOTE]
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