Ace Wire & Cable Co. v. Aetna Casualty & Surety Co.

New York Court of Appeals · Decided 1983-12-01

Cited by 163 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

*394 OPINION OF THE COURT Meyer, J. 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 onl…

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