_____ Is Defined as Physical Injury to Tangible Property, Including

question 46

Short Answer

_____ is defined as physical injury to tangible property, including all resulting loss of use of that property, or loss of use of tangible property that is not physically injured.

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Definitions:

Income Sharing

A financial arrangement where profits or revenues are distributed among participants or partners, often seen in partnerships and joint ventures.

Partnership Assets

Resources owned jointly by partners in a partnership arrangement, used in the operation of the partnership business.

Cash Distribution

The payment of earnings or capital to shareholders, stakeholders, or partners by a corporation or fund.

Noncash Assets

Assets that cannot be quickly converted into cash, such as real estate, equipment, and inventory.