Which of the following is NOT considered covered theft in a Commercial Crime policy?

In a Commercial Crime policy, coverage for theft typically involves specific acts that can be clearly defined or proven. Theft is generally characterized by actions that involve dishonest behavior with the intent to deprive the owner of their property.

The choice indicating that a store's inventory is inexplicably missing does not qualify as covered theft because it lacks a clear and definite act of theft. The term "inexplicably missing" suggests that there is no identifiable or demonstrable cause for the disappearance of the inventory, making it difficult to attribute the loss to a specific event or a dishonest act. Without a clear connection to an act of theft, such as witnessing the theft or identifying the thief, this scenario does not meet the criteria needed for coverage under a Commercial Crime policy.

In contrast, the other situations mentioned involve identifiable acts of theft—whether it's an employee's dishonest actions, a customer stealing, or a delivery person withholding goods. These scenarios satisfy the policy's requirements for covered theft since they involve explicit wrongdoing that results in a loss of property.