Exam (elaborations)
AIC 301 Simulated Exam Questions And Answers 100% Verified 2024/2025
- Course
- Institution
AIC 301 Simulated Exam Questions And Answers 100% Verified 2024/2025
[Show more]
Content preview
AIC 301 Simulated ExamA. Whether the events' goal turned into to cover property the brothers owned as partners,
property they owned in my view, or both.
Correct. Parol proof can establish whether or not the parties' goal was to cover property the
brothers owned as companions, assets they owned for my part, or each.
The Martin brothers, Larry and Kent, each personal a domestic and share ownership of tools,
gadget, and home furniture. They also have 3 automobiles, two of which can be owned with the
aid of Kent, and the 0.33 is owned jointly. Their belongings is covered underneath policies
issued by means of Insurance Company, and all guidelines confer with the outline of assets
insured as "assets of the Martin brothers." Since the insurance regulations are ambiguous as to
the property insured, parol evidence can set up
A. Whether the events' aim become to cover property the brothers owned as companions,
belongings they owned for my part, or both.
B. The distribution of the property.
C. Whether the coverage contract is valid due to its ambiguous wording.
D. Any illegality, fraud, or mistake concerned within the brothers' try and attain coverage
coverage.
D. And receive as damages the amount of the last rent bills.
Correct. Leon can also deal with Adam's deserted belongings as an anticipatory breach and get
hold of the quantity of the ultimate lease payments as damages. Constructive eviction happens
when actions or inactions of a landlord prevent the tenant from enjoying a tremendous or
indispensable a part of the premises. Leon keeps his rights as landlord and might lease the
property at will.
Tenant Adam defaulted on his hire payments to landlord Leon. Adam left town and deserted his
non-public belongings. Leon can deal with Adam's abandoned belongings as an anticipatory
breach
A. But Leon can't hire the belongings for as a minimum 90 days subsequent to the assets
abandonment.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TutorHub. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83637 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now