Question: Capital Asset is: Question options: 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, either 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.