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AIC 301 - final exam prep questions And Answers 100% Verified 2024/2025
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AIC 301 - final exam prep questions And Answers 100% Verified 2024/2025
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AIC 301 - final exam prep questionsThe act of leaving a dangerous article together with a gun or automobile with someone who the
lender is aware of, or have to recognise, is likely to use it in an unreasonably unstable way is
referred to as
Select one:
A. Negligent entrustment.
B. Contributory negligence.
C. Negligent supervision.
D. The risky instrumentality doctrine. - ANSA. Negligent entrustment.
There became a large unmarked sinkhole on Charlotte's assets, a short distance from a public
street. One evening, a police officer chased a mugger off the street and onto Charlotte's
property. Both the officer and the mugger fell into the hollow and have been injured. Which one
of the following great solutions whether Charlotte is liable for the injuries to the police officer
and/or to the mugger?
Select one:
A. Charlotte is not susceptible to both the officer or the mugger, due to the fact occupiers of land
haven't any obligation to accurate defects abutting sidewalks or streets.
B. Charlotte is prone to both the officer and the mugger, because she had a duty to avoid
endangering vacationers with an unguarded ditch.
C. Charlotte isn't prone to the officer or the mugger, due to the fact they have been each
trespassers on her assets.
D. Charlotte is susceptible to the officer for the unguarded ditch, due to the fact the officer
turned into a licensee, however she isn't susceptible to the tres - ANSD. Charlotte is at risk of
the officer for the unguarded ditch, because the officer changed into a licensee, but she isn't
always prone to the trespassing mugger.
Antonia was a existence tenant who occupied a house at 33 Main Street. Emil had a the rest
hobby inside the belongings and planned to occupy it after Antonia's demise. Antonia received
belongings insurance overlaying the house, thru Richley Insurance Co. The house became
destroyed by fireplace all through Antonia's lifestyles estate. Richley need to pay the insurance
coverage proceeds to
Select one:
A. Emil, under the doctrine of equitable conversion.
B. Antonia, in view that she occupied the house on the time of the fireplace.
C. Antonia, because life tenants can get better the entire price of the belongings that they
insure.
D. Emil, due to the fact he will ultimately personal the property. - ANSC. Antonia, due to the fact
life tenants can recover the complete price of the belongings that they insure.
, Cristobal is inside the system of buying a home from Leah. They are in the executory period.
This method that
Select one:
A. Cristobal and Leah have signed the actual estate sales agreement, however have not but
closed.
B. Cristobal has made a suggestion and Leah has common verbally.
C. Cristobal and Leah have signed the real estate income agreement and feature gone to
closing.
D. Cristobal has made a verbal provide, which Leah is thinking about. - ANSA. Cristobal and
Leah have signed the real estate sales contract, but have not yet closed.
Kirk contracts with Ernest for 5 shipments of sparkling produce at a specific price according to
cargo due at the time of transport. Kirk fails to ship the 0.33 shipment. The contract between
Kirk and Ernest is
Select one:
A. Void.
B. Unilateral.
C. Divisible.
D. Entire. - ANSC. Divisible. A settlement is divisible if each celebration's overall performance
may be divided into or extra components and if it seems that the events to the settlement
pondered separate reimbursement for every installment of the overall performance. Failure to
carry out one installment is not failure to perform the complete settlement. If the settlement is
split into components simplest to provide periodic bills in the direction of the full amount due
upon settlement of completion, the agreement is a whole settlement, now not a divisible one.
When feasible, courts favor to interpret contracts as divisible to keep away from hardships which
can result from delaying payments underneath the agreement till full overall 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. - ANSB. Business invitee.
James wants to pursue a felony declare against his neighbor, but he does not know what kind of
dispute decision method is the exceptional preference for his state of affairs. The dispute is over
a especially small sum of money, so James does no longer need to spend loads in pursuit of his
declare. James wants to be capable of present his aspect of the tale and his witnesses earlier
than a neutral 1/3 party. James would be pleased if he and his neighbor could attain a
compromise, however, ideally, James wants to have the ability to walk away with a binding
decision. Assuming that James' neighbor will agree to take part in anything system James
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