Aic 301 Study guides, Class notes & Summaries

AIC 301 - Final Exam Prep Actual Set Questions & Revised Correct Answers 1. 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. - ANSWER : A. Negligent entrustment. 2. There was a large unmarked sinkhole on Charlotte's pr...

AIC 301 2024 Exam Questions and Answers All Correct .What are the elements of a legally binding contract? - Answer-To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer-In bilateral cont...

AIC 301 - FINAL EXAM PREP EXAM QUESTIONS & ANSWERS (VERIFIED) LATEST UPDATE GRADED A+ 1. 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.:ANS: A. Negligent entrustment. 2. There was a large unmarked sinkhole on Charlotte's prope...

AIC 301 4, 5, 6 Test Exam Questions Marking Scheme Proximate cause - Answer -A cause that, in a natural and continuous sequence unbroken by any new and independent cause, produces an event and without which the event would not have happened. Negligence - Answer -The failure to exercise the degree of care that a reasonable person in a similar situation would exercise to avoid harming others. Tort - Answer -A wrongful act or an omission, other than a crime or a breach of contract, that in...

AIC 301 4, 5, 6: Questions And Verified Answers

AIC 301 Final Exam - Prep Questions & Accurate Answers

AIC 301 Test Exam Questions Marking Scheme A legally enforceable agreement between two or more parties. - Answer -contract The party to a contract making a promise. - Answer -Promisor The party to a contract to whom a promise is made. - Answer -Promisee The relationship that exists between the parties to a contract. - Answer -Privity of contract A person who is not a party to a contract but who benefits from it and has a legal right to enforce the contract if it is breached by eit...

AIC 301 Final Exam Prep Questions and Answers All Correct 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. - Answer-A. Negligent entrustment. There was a large unmarked sinkhole on Charlotte's property, a short distance from a...

AIC 301 Exam Questions With All 100% Correct Answers What are the elements of a legally binding contract? - Answer -To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer -In bilateral con...

AIC 301 - Expanding Your Claims Perspective: Qs & As