AINS 102 Questions with 100 % Correct Answers Verified AND Updated 2026/2027 Graded A+

AINS 102 Questions with 100 % Correct Answers Verified AND Updated 2026/2027 Graded A+

All of the following items are examples of personal property, EXCEPT:
Select one:
A. Sports equipment
B. Silverware
C. A fishing boat
D. Underground pipes - ✔✔Underground pipes
Which one of the following statements regarding assets exposed to loss is true?
Select one:
A. Real property includes only tangible property.Correct. All real property is tangible property
having a physical form that can be seen or touched. Personal property can include intangible
property such as patents or copyrights.
B. Earthquake damage to a swimming pool is an example of a personal property loss exposure.
C. Personal property includes only tangible property.
D. Hail damage to a motor vehicle is an example of a real property loss exposure. - ✔✔A. Real
property includes only tangible property.
Sophie was involved in an auto accident with another vehicle. The driver of the other vehicle was
seriously injured. The individual spent 10 days in the hospital, missed 2 months of work, and
continues to experience mental distress. The other vehicle was also damaged, with repair costs of