Ains 103 business - Study guides, Class notes & Summaries
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AINS 103 Questions and Answers Graded A+
- Exam (elaborations) • 27 pages • 2024
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AINS 103 Questions and Answers 
 
Graded A+ 
 
Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store 
has contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the 
rear of the store is congested from 4:30am to 5:30am. Customer traffic is heaviest from 7am to 
9am, and again from 3pm to 6pm. The store has had six slip and fall claims from customers in 
the past year. Danforth Grocery Store is most exposed to which one ...
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AINS103 Practice Questions, AINS 103 Exam Questions With Verified Solutions
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AINS103 Practice Questions, AINS 103 Exam Questions With Verified Solutions In property insurance, the term "Property in Transit" refers to which one of the following? - ANS Property while being transported by trucks, cars, buses, trains, airplanes, and ships. 
 
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? - ANS Cost to rent tempor...
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AINS 103 | 50 Question with 100 % Verified Solutions | Verified& Updated 2024 | Already Passed
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AINS 103 | 50 Question with 100 % Verified Solutions | Verified& Updated 2024 | Already Passed 
Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store has contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the rear of the store is congested from 4:30am to 5:30am. Customer traffic is heaviest from 7am to 9am, and again from 3pm to 6pm. The store has had six slip and fall claims from customers in the past year. Danfort...
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AINS 103 Questions and Answers Already Passed
- Exam (elaborations) • 126 pages • 2024
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AINS 103 Questions and Answers 
 
Already Passed 
 
Which one of the following best describes real property? 
Select one: 
A. Property being shipped to or from others. 
B. Business personal property that includes furniture, machinery and equipment, and 
stock/inventory. 
C. Tangible property that includes land, structures permanently attached to the land, and 
whatever is growing on the land. 
D. Vehicles, merchandise, furniture, tools, and similar items. C. Tangible property that 
includes land...
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AINS 103 Test Questions & Answers
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AINS 103 Test Questions & 
Answers 
Danforth Grocery Store specializes in fresh produce and is open 24 hours 
year-round. The store has contracts with suppliers to deliver produce and 
foods by 5am daily, so the parking area at the rear of the store is 
congested from 4:30am to 5:30am. Customer traffic is heaviest from 7am 
to 9am, and again from 3pm to 6pm. The store has had six slip and fall 
claims from customers in the past year. Danforth Grocery Store is most 
exposed to which one of...
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AINS 103 Test Questions & Correct Answers
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AINS 103 Test Questions & 
Correct Answers 
Loss Exposure - ANSWER Any condition or situation that 
presents a possibility of loss, whether or not an actual loss 
occurs. 
Property Loss Exposure - ANSWER A condition that presents 
the possibility that a person or an organization will sustain a loss 
resulting from damage (including destruction, taking, or loss of 
use) to property in which that person or organization has a 
financial interest. 
Real Property (realty) - ANSWER Tangible prop...
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AINS 103 Test Questions and Answers Rated A+
- Exam (elaborations) • 37 pages • 2024
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AINS 103 Test Questions and Answers 
 
Rated A+ 
 
Workers compensation benefits include which one of the following? 
Rehabilitation benefits 
3 multiple choice options 
When a clothing manufacturer decides to expand the sale of its clothing line by offering internet 
purchases, it creates new exposures not otherwise covered, or not fully covered, by a traditional 
policy. These include 
Loss or damage caused by computer viruses. 
3 multiple choice options 
Which one of the following supply chai...
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ALL IN ONE AINS 103 (BUSINESS INSURANCE) EXAM STUDY MATERIAL COMPLETE WITH LATEST AND ALL ACCURATE INFORMATION YOU NEED TO PASS|ALREADY GRADED A+
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ALL IN ONE AINS 103 (BUSINESS INSURANCE) EXAM STUDY MATERIAL COMPLETE WITH LATEST AND ALL ACCURATE INFORMATION YOU NEED TO PASS|ALREADY GRADED A+
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AINS 103 Test Questions And Answers GUARANTEED A+ GRADE
- Exam (elaborations) • 22 pages • 2024
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AINS 103 Test Questions And Answers GUARANTEED A+ GRADE 
Workers compensation benefits include which one of the following? 
Rehabilitation benefits 
 
 
 
 
When a clothing manufacturer decides to expand the sale of its clothing line by offering internet purchases, it creates new exposures not otherwise covered, or not fully covered, by a traditional policy. These include 
Loss or damage caused by computer viruses. 
 
 
 
 
Which one of the following supply chain exposures can a business mitigat...
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AINS 103 Questions & Answers 2023
- Exam (elaborations) • 18 pages • 2023
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AINS 103 Questions & Answers 2023 
Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store has 
contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the rear of the 
store is congested from 4:30am to 5:30am. Customer traffic is heaviest from 7am to 9am, and again 
from 3pm to 6pm. The store has had six slip and fall claims from customers in the past year. Danforth 
Grocery Store is most exposed to which one of the f...
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