A capital asset is property of any type held by an individual or business, excluding inventory and certain other types of property. Capital assets can include buildings, land, equipment, vehicles, stocks, and bonds.
Inland Marine Insurance provides coverage for loss or damage to property transported over land, excluding oceanic shipments. It primarily covers high-value items, equipment, and other movable property during transit.
The Trickle Down Theory is an economic concept suggesting that policies benefiting the wealthy and businesses can ultimately benefit lower-income individuals through increased economic activity.
