Aic 301 chapter 1 test - Study guides, Class notes & Summaries

AIC 301 Chapter 1 Test with Complete Solutions Assignor - Answer-the party making the assignment third party beneficiary - Answer-a contract between two parties that benefits a third party Donee Beneficiary - Answer-a third party beneficiary who recieves the benefit of a contract's performance as a gift from the promisee, with the intent of the contacting parties discharge - Answer-the act of ending a contract, agreement, or obligation assignment - Answer-the transfer of rights or ...

1 AIC 301 QUIZ/TEST STUDY EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ 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 deceiv...

1 AIC EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ . What percentage of conversations do listeners remember of what they hear? A. 10% B. 30% C. 50% D. 90% Correct Answer: 10% What percentage of conversations do speakers remember of what they say and do? A. 30% B. 50% C. 70% D. 90% Correct Answer: 90% 2 When giving presentations, people should do which of the following? A. present extra information beyond their primary goal to demonstrate their expe...

. What percentage of conversations do listeners remember of what they hear? A. 10% B. 30% C. 50% D. 90% - ANSWER-10% What percentage of conversations do speakers remember of what they say and do? A. 30% B. 50% C. 70% D. 90% - ANSWER-90% When giving presentations, people should do which of the following? A. present extra information beyond their primary goal to demonstrate their expertise B. speak quickly to get in as much information as possible C. speak as loudly as poss...

AIC 301 CHAPTER 1 TEST WITH COMPLETE SOLUTIONS Bilateral Mistake - Answer-A perception by both parties to a contract that does not agree with the facts. Undue Influence - Answer-The improper use of power or trust to deprive a person of free will and substitute another's objective, resulting in lack of genuine assent to a contract Parol Evidence Rule - Answer-A provision that prevents the terms of a contract from being modified by evidence of oral or other agreements after the contract...