Aic 301 Study guides, Class notes & Summaries

AIC 301 Quiz/Test Study Questions and Answers 100% Pass Market Share Liability - Correct Answer ️️ -Applies when a product that has harmed a consumer cannot be traced to a single manufacturer. They are liable unless they can prove they could not have made the product involved. A Defense to Fraud - Correct Answer ️️ -The defendant must make the representation with the intent to influence the other party's action. If the defendant did not intend to deceive, there is no proof of fra...

AIC 301 - final exam prep questions

AIC 301 Test - Prep Questions With Detailed Solutions

Understanding the Basics of Contracts AIC 301 – Q&A

AIC 301 3: Questions With Accurate Solutions

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 ANSWER 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 ch...

AIC 301 Exam Questions With 100% Correct Answers Which one of the following statements correctly expresses a distinction between waiver and estoppel? A. Only waiver prevents an insurer from reviving a defense it has forfeited earlier. B. The parol evidence rule applies to estoppel, but not to waiver. C. Estoppel is contractual in nature, but waiver is equitable in nature. D. Estoppel requires resulting injury or detriment by the party asserting it. - answerD. Estoppel requires resulting ...

AIC 301 Quiz Question and answers correctly solved 2024Market Share Liability - correct answer Applies when a product that has harmed a consumer cannot be traced to a single manufacturer. They are liable unless they can prove they could not have made the product involved. A Defense to Fraud - correct answer The defendant must make the representation with the intent to influence the other party's action. If the defendant did not intend to deceive, there is no proof of fraud. Community ...

AIC 301 2024 Study Set with Complete Solutions Valid Assignment - Answer-Effective without obligor notification Contra proferentum - Answer-Interpreting ambiguous language against its creator's interests Repudiation - Answer-Positive refusal to meet contract obligations Novation - Answer-Substitution of a party in a contract Nonperformance - Answer-Insurer's right against the insured for material breach Substantial Performance - Answer-Completing primary terms of an agreement ...

AIC 301 Quiz/Test Study Questions and Answers 100% Pass Market Share Liability - Correct Answer ️️ -Applies when a product that has harmed a consumer cannot be traced to a single manufacturer. They are liable unless they can prove they could not have made the product involved. A Defense to Fraud - Correct Answer ️️ -The defendant must make the representation with the intent to influence the other party's action. If the defendant did not intend to deceive, there is no proof of fra...