AINS 102 | Questions and Answers 100% Solved

AINS 102 | Questions and Answers 100% Solved All of the following items are examples of personal property, EXCEPT: Select one: Sports equipment Silverware A fishing boat Underground pipes - Underground pipes Which one of the following statements regarding assets exposed to loss is true? Select one: 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. Earthquake damage to a swimming pool is an example of a personal property loss exposure. Personal property includes only tangible property. 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 $5,000. It was determined that Sophie was liable for the damages because she ran a red light and caused the accident. Which one of the following damages would be considered general damages?