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AINS 103 ALL PRACTICE QUESTION . QUESTIONS WITH 100% CORRECT AND VERIFIED ANSWERS. A+ GRADED.

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AINS 103 ALL PRACTICE QUESTION . QUESTIONS WITH 100% CORRECT AND VERIFIED ANSWERS. A+ GRADED. 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, structures permanently attached to the land, and whatever is growing on the land. 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? Select one: A. Cost to rent temporary office space B. Insurance premiums C. Debt repayments D. Payroll of key employees - A. Cost to rent temporary office space Upon entering a restaurant, a customer grasped a handrail that broke off, causing the customer to fall and break his wrist. This is an example of which one of the following types of commercial general liability loss? Select one: A. Premises and operations liability B. Personal and advertising injury liability C. Absolute liability D. Products and completed operations liability - A. Premises and operations liability The liability loss exposure that exists when an organization is legally responsible for bodily injury or property damage caused by an accident that occurs on an organization's owned, leased, or rented property is Select one: A. Professional liability. B. Property liability. C. Operations liability. D. Premises and operations liability. - D. Premises and operations liability. Automobile liability exposures can result from Select one: A. Damage to or destruction of an owned vehicle. B. Loss of use of an owned automobile. C. Workers compensation laws. D. Hiring or borrowing an automobile. - D. Hiring or borrowing an automobile. To be covered under a workers compensation statute, an injury or disease (in most states) must meet which one of the following requirements? Select one: A. Result from the employer's negligence B. Occur away from the regular work premises C. Arise out of employees' job-related injuries and diseases D. Result in total disability - C. Arise out of employees' job-related injuries and diseases

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