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AIC 301 - final exam prep questions with answers
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AIC 301 - final exam prep questions with answers
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AIC 301 - final exam prep questions withanswers
The |act |of |leaving |a |dangerous |article |such |as |a |gun |or |car |with |a |person |who |the
|lender |knows, |or |should |know, |is |likely |to |use |it |in |an |unreasonably |risky |manner
|is |known |as
Select |one:
A. |Negligent |entrustment.
B. |Contributory |negligence.
C. |Negligent |supervision.
D. |The |dangerous |instrumentality |doctrine. |- |correct |answers✔✔A. |Negligent
|entrustment.
There |was |a |large |unmarked |sinkhole |on |Charlotte's |property, |a |short |distance |from
|a |public |road. |One |evening, |a |police |officer |chased |a |mugger |off |the |road |and |onto
|Charlotte's |property. |Both |the |officer |and |the |mugger |fell |into |the |hole |and |were
|injured. |Which |one |of |the |following |best |answers |whether |Charlotte |is |liable |for |the
|injuries |to |the |police |officer |and/or |to |the |mugger?
Select |one:
A. |Charlotte |is |not |liable |to |either |the |officer |or |the |mugger, |because |occupiers |of
|land |have |no |duty |to |correct |defects |abutting |sidewalks |or |streets.
B. |Charlotte |is |liable |to |both |the |officer |and |the |mugger, |because |she |had |a |duty |to
|avoid |endangering |travelers |with |an |unguarded |ditch.
C. |Charlotte |is |not |liable |to |the |officer |or |the |mugger, |because |they |were |both
|trespassers |on |her |property.
D. |Charlotte |is |liable |to |the |officer |for |the |unguarded |ditch, |because |the |officer |was
|a |licensee, |but |she |is |not |liable |to |the |tres |- |correct |answers✔✔D. |Charlotte |is
|liable |to |the |officer |for |the |unguarded |ditch, |because |the |officer |was |a |licensee, |but
|she |is |not |liable |to |the |trespassing |mugger.
Antonia |was |a |life |tenant |who |occupied |a |house |at |33 |Main |Street. |Emil |had |a
|remainder |interest |in |the |property |and |planned |to |occupy |it |after |Antonia's |death.
|Antonia |obtained |property |insurance |covering |the |house, |through |Richley |Insurance
,|Co. |The |house |was |destroyed |by |fire |during |Antonia's |life |estate. |Richley |must |pay
|the |insurance |policy |proceeds |to
Select |one:
A. |Emil, |under |the |doctrine |of |equitable |conversion.
B. |Antonia, |since |she |occupied |the |house |at |the |time |of |the |fire.
C. |Antonia, |because |life |tenants |can |recover |the |entire |value |of |the |property |that
|they |insure.
D. |Emil, |because |he |will |ultimately |own |the |property. |- |correct |answers✔✔C.
|Antonia, |because |life |tenants |can |recover |the |entire |value |of |the |property |that |they
|insure.
Cristobal |is |in |the |process |of |purchasing |a |home |from |Leah. |They |are |in |the
|executory |period. |This |means |that
Select |one:
A. |Cristobal |and |Leah |have |signed |the |real |estate |sales |contract, |but |have |not |yet
|closed.
B. |Cristobal |has |made |an |offer |and |Leah |has |accepted |verbally.
C. |Cristobal |and |Leah |have |signed |the |real |estate |sales |contract |and |have |gone |to
|closing.
D. |Cristobal |has |made |a |verbal |offer, |which |Leah |is |considering. |- |correct
|answers✔✔A. |Cristobal |and |Leah |have |signed |the |real |estate |sales |contract, |but
|have |not |yet |closed.
Kirk |contracts |with |Ernest |for |five |shipments |of |fresh |produce |at |a |specific |price |per
|shipment |due |at |the |time |of |delivery. |Kirk |fails |to |ship |the |third |shipment. |The
|contract |between |Kirk |and |Ernest |is
Select |one:
A. |Void. |
B. |Unilateral.
C. |Divisible.
D. |Entire. |- |correct |answers✔✔C. |Divisible. |A |contract |is |divisible |if |each |party's
|performance |can |be |divided |into |two |or |more |parts |and |if |it |appears |that |the
|parties |to |the |contract |contemplated |separate |compensation |for |each |installment |of
|the |performance. |Failure |to |perform |one |installment |is |not |failure |to |perform |the
|entire |agreement. |If |the |contract |is |divided |into |parts |only |to |provide |periodic
, |payments |toward |the |full |amount |due |upon |contract |completion, |the |contract |is |an
|entire |contract, |not |a |divisible |one. |When |possible, |courts |prefer |to |interpret
|contracts |as |divisible |to |avoid |hardships |that |can |result |from |delaying |payments
|under |the |contract |until |full |performance |has |been |completed.
Fatima |owns |a |cafe |that |is |open |to |the |public. |Kaito |enters |the |cafe |and |orders |a
|coffee. |Kaito |is |a(n)
Select |one:
A. |Public |invitee.
B. |Business |invitee.
C. |Express |licensee.
D. |Trespasser. |- |correct |answers✔✔B. |Business |invitee.
James |wants |to |pursue |a |legal |claim |against |his |neighbor, |but |he |does |not |know
|what |kind |of |dispute |resolution |procedure |is |the |best |choice |for |his |situation. |The
|dispute |is |over |a |relatively |small |amount |of |money, |so |James |does |not |want |to
|spend |a |lot |in |pursuit |of |his |claim. |James |wants |to |be |able |to |present |his |side |of
|the |story |and |his |witnesses |before |a |neutral |third |party. |James |would |be |pleased |if
|he |and |his |neighbor |could |reach |a |compromise, |but, |ideally, |James |wants |to |be
|able |to |walk |away |with |a |binding |decision. |Assuming |that |James' |neighbor |will
|agree |to |participate |in |whatever |procedure |James |suggests, |which |one |of |the
|following |dispute |resolution |procedures |is |the |best |choice |for |James?
Select |one:
A. |Mediation
B. |Negotiation
C. |Arbitration
D. |Litigation |- |correct |answers✔✔C. |Arbitration
Chloe |is |investigating |Thomas' |claim |for |damage |to |his |automobile. |Thomas |is |not
|cooperating |with |Chloe's |attempts |to |schedule |an |adjuster |to |inspect |the |vehicle.
|Chloe |should
Select |one:
A. |Issue |a |unilateral |waiver |of |rights |letter.
B. |Issue |a |unilateral |reservation |of |rights |letter.
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