AIC301-finalexamprepquestions Theactofleavingadangerousarticlesuchasagunorcarwithapersonwho thelenderknows,orshouldknow,islikelytouseitinanunreasonablyrisky mannerisknownas
Selectone:
A.Negligententrustment.B.Contributorynegligence.C.Negligentsupervision.D.Thedangerousinstrumentalitydoctrine.-ANSWER-A.Negligententrustment.TherewasalargeunmarkedsinkholeonCharlotte'sproperty,ashortdistance fromapublicroad.Oneevening,apoliceofficerchasedamuggerofftheroad andontoCharlotte'sproperty.Boththeofficerandthemuggerfellintothehole andwereinjured.WhichoneofthefollowingbestanswerswhetherCharlotteis liablefortheinjuriestothepoliceofficerand/ortothemugger?
Selectone:
A.Charlotteisnotliabletoeithertheofficerorthemugger,becauseoccupiersof landhavenodutytocorrectdefectsabuttingsidewalksorstreets.B.Charlotteisliabletoboththeofficerandthemugger,becauseshehadaduty toavoidendangeringtravelerswithanunguardedditch.C.Charlotteisnotliabletotheofficerorthemugger,becausetheywereboth trespassersonherproperty.D.Charlotteisliabletotheofficerfortheunguardedditch,becausetheofficer wasalicensee,butsheisnotliabletothetres-ANSWER-D.Charlotteisliable totheofficerfortheunguardedditch,becausetheofficerwasalicensee,butshe isnotliabletothetrespassingmugger.Antoniawasalifetenantwhooccupiedahouseat33MainStreet.Emilhada remainderinterestinthepropertyandplannedtooccupyitafterAntonia'sdeath.Antoniaobtainedpropertyinsurancecoveringthehouse,throughRichley InsuranceCo.ThehousewasdestroyedbyfireduringAntonia'slifeestate.Richleymustpaytheinsurancepolicyproceedsto
Selectone: 1 / 3
A.Emil,underthedoctrineofequitableconversion.B.Antonia,sincesheoccupiedthehouseatthetimeofthefire.C.Antonia,becauselifetenantscanrecovertheentirevalueofthepropertythat theyinsure.D.Emil,becausehewillultimatelyowntheproperty.-ANSWER-C.Antonia, becauselifetenantscanrecovertheentirevalueofthepropertythattheyinsure.CristobalisintheprocessofpurchasingahomefromLeah.Theyareinthe executoryperiod.Thismeansthat
Selectone:
A.CristobalandLeahhavesignedtherealestatesalescontract,buthavenot yetclosed.B.CristobalhasmadeanofferandLeahhasacceptedverbally.C.CristobalandLeahhavesignedtherealestatesalescontractandhavegone toclosing.D.Cristobalhasmadeaverbaloffer,whichLeahisconsidering.-ANSWER-A.CristobalandLeahhavesignedtherealestatesalescontract,buthavenotyet closed.KirkcontractswithErnestforfiveshipmentsoffreshproduceataspecificprice pershipmentdueatthetimeofdelivery.Kirkfailstoshipthethirdshipment.The contractbetweenKirkandErnestis
Selectone:
A.Void.B.Unilateral.C.Divisible.D.Entire.-ANSWER-C.Divisible.Acontractisdivisibleifeachparty's performancecanbedividedintotwoormorepartsandifitappearsthatthe partiestothecontractcontemplatedseparatecompensationforeachinstallment oftheperformance.Failuretoperformoneinstallmentisnotfailuretoperform theentireagreement.Ifthecontractisdividedintopartsonlytoprovideperiodic paymentstowardthefullamountdueuponcontractcompletion,thecontractis anentirecontract,notadivisibleone.Whenpossible,courtsprefertointerpret contractsasdivisibletoavoidhardshipsthatcanresultfromdelayingpayments underthecontractuntilfullperformancehasbeencompleted. 2 / 3
Fatimaownsacafethatisopentothepublic.Kaitoentersthecafeandordersa coffee.Kaitoisa(n)
Selectone:
A.Publicinvitee.B.Businessinvitee.C.Expresslicensee.D.Trespasser.-ANSWER-B.Businessinvitee.Jameswantstopursuealegalclaimagainsthisneighbor,buthedoesnotknow whatkindofdisputeresolutionprocedureisthebestchoiceforhissituation.The disputeisoverarelativelysmallamountofmoney,soJamesdoesnotwantto spendalotinpursuitofhisclaim.Jameswantstobeabletopresenthissideof thestoryandhiswitnessesbeforeaneutralthirdparty.Jameswouldbepleased ifheandhisneighborcouldreachacompromise,but,ideally,Jameswantstobe abletowalkawaywithabindingdecision.AssumingthatJames'neighborwill agreetoparticipateinwhateverprocedureJamessuggests,whichoneofthe followingdisputeresolutionproceduresisthebestchoiceforJames?
Selectone:
A.Mediation B.Negotiation C.Arbitration D.Litigation-ANSWER-C.Arbitration ChloeisinvestigatingThomas'claimfordamagetohisautomobile.Thomasis notcooperatingwithChloe'sattemptstoscheduleanadjustertoinspectthe vehicle.Chloeshould
Selectone:
A.Issueaunilateralwaiverofrightsletter.B.Issueaunilateralreservationofrightsletter.C.Issuedenialforfailuretocooperate.D.AskThomastosignareservationofrightsletter.-ANSWER-B.Issuea unilateralreservationofrightsletter.Cathyleftabraceletatajewelerforrepairandwasgivenareceiptwiththe statement,"Thisestablishmentisnotresponsibleforlossordamagetoanyitem leftinitspossession."Whichoneofthefollowingdoesthestatementonthe receiptrepresent?
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