100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE EXAM QUESTIONS AND ANSWERS 2024 $17.99   Add to cart

Exam (elaborations)

AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE EXAM QUESTIONS AND ANSWERS 2024

 0 view  0 purchase
  • Course
  • AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE
  • Institution
  • AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE

AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE EXAM QUESTIONS AND ANSWERS 2024

Preview 3 out of 16  pages

  • November 21, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • aic 301
  • claims
  • aic
  • AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE
  • AIC 301 - EXPANDING YOUR CLAIMS PERSPECTIVE
avatar-seller
Teacher101
AIC 301 - EXPANDING YOUR 2024
CLAIMS PERSPECTIVE EXAM

ANSWER ALL QUESTIONS IN THIS SECTION



QUESTION 1



Andrew promised Katy he would roof her house on October 30. On October 15,
Andrew told Katy he could not find the correct shingles and stated he was probably
going to be too busy to do the job. Andrew has

Select one:

A. Not repudiated the contract.

B. Voided the contract.

C. Breached the contract.

D. Rescinded the contract. - ANSWERS-A. Not repudiated the contract.



A repudiation of a contract is the refusal to meet obligations under the contract, but
it must be positive and unequivocal to constitute a breach. Andrew's statement of
inability to perform in the future is not repudiation. Katy cannot sue for breach of
contract until October 30 has arrived, and Andrew has failed to roof her house.




END OF
PAGE 1

, AIC 301 - EXPANDING YOUR 2024
CLAIMS PERSPECTIVE EXAM

QUESTION 2



Benny sold his copy shop to Yolanda and promised not to compete with her in a
specific area for six months. Benny breached the provision and began to compete
with Yolanda's business only two months later. Which one of the following actions
would be most appropriate as an equitable remedy for Yolanda?

Select one:

A. Injunction

B. Damages

C. Contract price

D. Specific performance - ANSWERS-A. Injunction



Yolanda does not want the competition, and it is likely the equitable remedy would
be for Benny to cease to compete. An injunction would prevent Benny from
continuing to compete with Yolanda.



QUESTION 3



Physician Betty administered medical services to stroke victim Karl who was
unconscious. She provided medication and direction and followed all procedures.
When Karl woke up, he refused other medical services and he also indicated that
he could not be held liable for any expenses that he did not personally authorize or

END OF
PAGE 2

, AIC 301 - EXPANDING YOUR 2024
CLAIMS PERSPECTIVE EXAM
to which he did not consent. It is likely that Karl might be required to pay the
reasonable value of the services received based on

Select one:

A. An implied-in-law contract.

B. An implied-in-fact contract.

C. An executory contract.

D. A unilateral contract. - ANSWERS-A. An implied-in-law contract.



If a doctor renders professional services to an unconscious person then the law
might obligate the patient to pay for those services based on an implied-in-law
contract, to avoid unjust enrichment.



QUESTION 4



In a written contract to purchase ten electric guitars from Phillip, Vivian agreed to
pay $100 per guitar. The contract did not describe the guitars even though Phillip
and Vivian had discussed the condition and quality of the guitars. When Phillip
delivered the guitars, Vivian would not pay because they were not what she
expected in terms of quality. In a legal action, it is likely Vivian

Select one:

A. Will be allowed to submit oral evidence to help interpret or explain ambiguity
in the contract.



END OF
PAGE 3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Teacher101. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart