Ains102 - Study guides, Class notes & Summaries

AINS102 Exam Guide Questions and CORRECT Answers 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 - CORRECT ANSWER- Underground pipe

Heather and Jeff had the roof blown off their home during a recent storm. Which one of the following best expresses the financial outcome they are currently experiencing? A. No change in their financial outcome B. Increased expenses C. Lost income D. Reduction in property value Ans- D. Reduction in property value All of the following are considered personal property, EXCEPT: A. Cherry tree B. Antique piano C. Revolver D. Patent Ans- A. Cherry tree SF Poultry learned that a number...

AINS102 Practice Exam Questions UPDATED Exam Questions and CORRECT Answers Heather and Jeff had the roof blown off their home during a recent storm. Which one of the following best expresses the financial outcome they are currently experiencing? A. No change in their financial outcome B. Increased expenses C. Lost income D. Reduction in property value - CORRECT ANSWER- D. Reduction in property value

AINS102 Exam Practice Questions and Answers- Updated 2024 All of the following items are examples of personal property, EXCEPT: Select one: A. A diamond wedding ring B. A set of cookware C. A fishing boat D. A detached garage - Answer-D Which one of the following statements regarding assets exposed to loss is true? Select one: A. Real property includes intangible property. B. Earthquake damage to a swimming pool is an example of a personal property exposure. C. Personal property incl...