3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
AIC 301 - final exam prep Exam comprehensive
questions fully solved & updated (Latest Update
2026) UPDATE!!
Save
Terms in this set (50)
The act of leaving a dangerous A. Negligent entrustment.
article such as a gun or car with a
person who the lender knows, or
should know, is likely to use it in an
unreasonably risky manner is known
as
Select one:
A. Negligent entrustment.
B. Contributory negligence.
C. Negligent supervision.
D. The dangerous instrumentality
doctrine.
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 1/31
,3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
There was a large unmarked sinkhole D. Charlotte is liable to the officer for the
on Charlotte's property, a short unguarded ditch, because the officer was a
distance from a public road. One licensee, but she is not liable to the trespassing
evening, a police officer chased a mugger.
mugger off the road and onto
Charlotte's property. Both the officer
and the mugger fell into the hole
and were injured. Which one of the
following best answers whether
Charlotte is liable for the injuries to
the police officer and/or to the
mugger?
Select one:
A. Charlotte is not liable to either the
officer or the mugger, because
occupiers of land have no duty to
correct defects abutting sidewalks or
streets.
B. Charlotte is liable to both the
officer and the mugger, because she
had a duty to avoid endangering
travelers with an unguarded ditch.
C. Charlotte is not liable to the
officer or the mugger, because they
were both trespassers on her
property.
D. Charlotte is liable to the officer for
the unguarded ditch, because the
officer was a licensee, but she is not
liable to the tres
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 2/31
,3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
Antonia was a life tenant who C. Antonia, because life tenants can recover the
occupied a house at 33 Main Street. entire value of the property that they insure.
Emil had a remainder interest in the
property and planned to occupy it
after Antonia's death. Antonia
obtained property insurance
covering the house, through Richley
Insurance Co. The house was
destroyed by fire during Antonia's
life estate. Richley must pay the
insurance policy proceeds to
Select one:
A. Emil, under the doctrine of
equitable conversion.
B. Antonia, since she occupied the
house at the time of the fire.
C. Antonia, because life tenants can
recover the entire value of the
property that they insure.
D. Emil, because he will ultimately
own the property.
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 3/31
, 3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
Cristobal is in the process of A. Cristobal and Leah have signed the real estate
purchasing a home from Leah. They sales contract, but have not yet closed.
are in the executory period. This
means that
Select one:
A. Cristobal and Leah have signed
the real estate sales contract, but
have not yet closed.
B. Cristobal has made an offer and
Leah has accepted verbally.
C. Cristobal and Leah have signed
the real estate sales contract and
have gone to closing.
D. Cristobal has made a verbal offer,
which Leah is considering.
Kirk contracts with Ernest for five C. Divisible. A contract is divisible if each party's
shipments of fresh produce at a performance can be divided into two or more
specific price per shipment due at parts and if it appears that the parties to the
the time of delivery. Kirk fails to ship contract contemplated separate compensation for
the third shipment. The contract each installment of the performance. Failure to
between Kirk and Ernest is perform one installment is not failure to perform
Select one: the entire agreement. If the contract is divided into
A. Void. parts only to provide periodic payments toward
B. Unilateral. the full amount due upon contract completion, the
C. Divisible. contract is an entire contract, not a divisible one.
D. Entire. When possible, courts prefer to interpret contracts
as divisible to avoid hardships that can result from
delaying payments under the contract until full
performance has been completed.
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 4/31
AIC 301 - final exam prep Exam comprehensive
questions fully solved & updated (Latest Update
2026) UPDATE!!
Save
Terms in this set (50)
The act of leaving a dangerous A. Negligent entrustment.
article such as a gun or car with a
person who the lender knows, or
should know, is likely to use it in an
unreasonably risky manner is known
as
Select one:
A. Negligent entrustment.
B. Contributory negligence.
C. Negligent supervision.
D. The dangerous instrumentality
doctrine.
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 1/31
,3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
There was a large unmarked sinkhole D. Charlotte is liable to the officer for the
on Charlotte's property, a short unguarded ditch, because the officer was a
distance from a public road. One licensee, but she is not liable to the trespassing
evening, a police officer chased a mugger.
mugger off the road and onto
Charlotte's property. Both the officer
and the mugger fell into the hole
and were injured. Which one of the
following best answers whether
Charlotte is liable for the injuries to
the police officer and/or to the
mugger?
Select one:
A. Charlotte is not liable to either the
officer or the mugger, because
occupiers of land have no duty to
correct defects abutting sidewalks or
streets.
B. Charlotte is liable to both the
officer and the mugger, because she
had a duty to avoid endangering
travelers with an unguarded ditch.
C. Charlotte is not liable to the
officer or the mugger, because they
were both trespassers on her
property.
D. Charlotte is liable to the officer for
the unguarded ditch, because the
officer was a licensee, but she is not
liable to the tres
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 2/31
,3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
Antonia was a life tenant who C. Antonia, because life tenants can recover the
occupied a house at 33 Main Street. entire value of the property that they insure.
Emil had a remainder interest in the
property and planned to occupy it
after Antonia's death. Antonia
obtained property insurance
covering the house, through Richley
Insurance Co. The house was
destroyed by fire during Antonia's
life estate. Richley must pay the
insurance policy proceeds to
Select one:
A. Emil, under the doctrine of
equitable conversion.
B. Antonia, since she occupied the
house at the time of the fire.
C. Antonia, because life tenants can
recover the entire value of the
property that they insure.
D. Emil, because he will ultimately
own the property.
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 3/31
, 3/22/26, 5:29 PM AIC 301 - final exam prep Exam comprehensive questions fully solved & updated (Latest Update 2026) UPDATE!! Flashcards | Qui…
Cristobal is in the process of A. Cristobal and Leah have signed the real estate
purchasing a home from Leah. They sales contract, but have not yet closed.
are in the executory period. This
means that
Select one:
A. Cristobal and Leah have signed
the real estate sales contract, but
have not yet closed.
B. Cristobal has made an offer and
Leah has accepted verbally.
C. Cristobal and Leah have signed
the real estate sales contract and
have gone to closing.
D. Cristobal has made a verbal offer,
which Leah is considering.
Kirk contracts with Ernest for five C. Divisible. A contract is divisible if each party's
shipments of fresh produce at a performance can be divided into two or more
specific price per shipment due at parts and if it appears that the parties to the
the time of delivery. Kirk fails to ship contract contemplated separate compensation for
the third shipment. The contract each installment of the performance. Failure to
between Kirk and Ernest is perform one installment is not failure to perform
Select one: the entire agreement. If the contract is divided into
A. Void. parts only to provide periodic payments toward
B. Unilateral. the full amount due upon contract completion, the
C. Divisible. contract is an entire contract, not a divisible one.
D. Entire. When possible, courts prefer to interpret contracts
as divisible to avoid hardships that can result from
delaying payments under the contract until full
performance has been completed.
https://quizlet.com/1158854027/aic-301-final-exam-prep-exam-comprehensive-questions-fully-solved-updated-latest-update-2026-update-flash-cards/… 4/31
