What type of bond should any employee who handles the owner's funds have?

The correct answer is a fidelity bond because this type of bond specifically protects against losses resulting from an employee's dishonest acts, such as theft or fraud. In the context of property management, where employees may be responsible for handling or managing the owner's funds, a fidelity bond ensures that the property owner is safeguarded from any potential financial misconduct by employees. This bond acts as a form of insurance that helps to mitigate risks associated with employee theft or wrongful acts, providing peace of mind to the property owner's business operations.

Other types of bonds mentioned have different purposes. A liability bond typically covers claims against a company for injuries or damages caused by its operations, while a credit bond involves agreements regarding payment obligations between parties. A performance bond is generally used to guarantee the successful completion of a contract, ensuring that a service provider adheres to agreed-upon standards. None of these bonds provide the same level of protection specifically against employee dishonesty as a fidelity bond does.