The comparison of inventory records kept on a unit basis with a physical count of items on hand is not an "inventory computation" within the meaning of the exclusion in section 2(b) of a comprehensive dishonesty, disappearance and destruction policy of insurance. Moreover, because section 4 of the policy requires only evidence which "reasonably proves" employee dishonesty, the insurer is not entitled...
ACE WIRE v. AETNA CAS & SUR
60 N.Y.2d 390 (1983)
Ace Wire & Cable Co., Inc., et al., Respondents, v. Aetna Casualty & Surety Company, Appellant.
Court of Appeals of the State of New York.https://leagle.com/images/logo.png
Argued October 26, 1983.
Decided December 1, 1983.
Attorney(s) appearing for the Case
Chief Judge COOKE and Judges JASEN and JONES concur with Judge MEYER; Judge WACHTLER dissents and votes to reverse in a separate opinion in which Judges SIMONS and KAYE concur.
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