Superficial Loss is: A disposition of a capital property resulting from theft, destruction through natural causes, or expropriation by a statutory authority, The excess of the sum of the adjusted cost base of a capital asset plus any costs of disposition, over the proceeds resulting from the disposition of the asset. A loss on the disposition of property that is disallowed for tax purposes because the taxpayer has acquired an identical property, elther 30 days before the disposition or, alternatively, 30 days after the disposition. A defined subset of personal use property. The included items are works of art, jewelry, rare books, stamps, and coins. Question 22 (1 point) Listed Personal Property is: Question 16 (1 point) Which of the following statements about personal use property is NOT correct? Losses on the disposition of personal use property can be deducted to the extent of gains on the disposition of personal use property. An antique chest would be classified as personal use property. The minimum value for both the proceeds of disposition and the adjusted cost base of personal use property that is being sold is $1,000. When losses on listed personal property are carried forward, they can be deducted to the extent of gains on the disposition of listed personal property