AINS 103 Test Questions And Answers.

AINS 103 Test Questions And Answers.
Question 1: In property insurance, the term "property in transit"
refers to which one of the following?
CORRECT ANSWER: C. Property while being transported by
trucks, cars, buses, trains, airplanes, and ships
Question 2: Extra expenses are expenses, in addition to ordinary
expenses, that an organization incurs to mitigate the effects of a
business interruption. Which one of the following is an example
of an extra expense?
CORRECT ANSWER: B. Cost to rent temporary office space
Question 3: Radley Contracting Company is installing new
signage on the front of a building. George, a passerby walking
near the building is injured when a Radley employee
accidentally drops a tool from a crane. George likely has the
ability to assert which one the following types of claim?
CORRECT ANSWER: B. Premises and operations liability
Question 4: Which one of the following entities would likely
have the greatest completed operations loss exposure?
CORRECT ANSWER: A. Paul the plumber

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