ARM 402 Exam Tailored for Top Grades
Questions from World-Class Academics
Handpicked from Elite Universities
Which one of the following is the most influential legal system in the world?
A. U.S. law
B. Civil law
C. Common law
D. Roman-French law - -correct ans- -B
A tort is
A. A wrong against society that is punishable by federal, state, and local officials; and is
derived from statutes.
B. A written law passed by a legislative body that describes unacceptable acts or omissions.
C. An element of negligence that must be present for negligence to be successfully proven.
D. A wrongful act or omission, other than a crime or a breach of contract, that involves a
legally protected right. - -correct ans- -D
Inserted into a contractual agreement, which one of the following provisions limits the
amount for which one party might otherwise be liable?
A. Both-to-blame clause
B. Liquidated damages clause
C. Valuation clause
D. Duty to mitigate clause - -correct ans- -B
A state has a particularly bad reputation for frivolous lawsuits and large damage awards.
Non-profit organizations and charities in the state were having difficulty finding qualified
,B. C.
D.
individuals to serve on their boards for fear of legal liability. Janet Barnes, a state senator,
sponsored a bill that would shield non-compensated board members of charities and
nonprofit organizations from tort liability claims. The legal defense that she wanted these
board members to be able to assert is A. Comparative negligence.
Immunity.
Collateral sources.
Privilege. - -correct ans- -B
Those resolving international disputes between individuals or corporations first apply any
international agreement or treaty that governs the dispute. If no international agreement or
treaty applies, then
A. The dispute is submitted to an arbitration process.
B. The dispute is settled according to the laws of the nation where the dispute occurred.
C. Any relevant laws of the involved countries are applied to the dispute.
D. The matter is reconciled through an international dispute resolution process. - -correct
ans- -C
Anti-discrimination laws and corporate governance laws are examples of A.
Statutes that impose legal liability on an organization.
B. Statutes that do not impose liability on an organization.
C. Legal interests that can be violated by torts.
D. Legal interests that can be violated by contracts. - -correct ans- -A
A release of liability agreement for activities specified in the contract is A.
A hold harmless agreement.
B. An exculpatory agreement.
C. A waiver.
, B. C.
D.
D. A duty. - -correct ans- -B
Radley Contracting Company is installing new signage on the front of a building. George, a
passerby walking near the building is injured when a Radley employee accidentally drops a
tool from a crane. George likely has the ability to assert which one the following types of
claim?
A. Premises and products liability
Premises and operations liability
Completed operations liability
Incompleted operations liability - -correct ans- -B
In the typical civil law case the preliminary stage involves submission of pleadings and
A. Documentation of evidence.
B. Appointment of a hearing judge.
C. Definitions of legal terms.
D. Preparation of a written summary of the proceedings. - -correct ans- -B
Which one of the following is a wrongful act or omission for which the remedy is usually
monetary damages?
A. Statutory liability
B. Tort
C. Breach of contract
D. Act of commission - -correct ans- -B
A2Z Contracting entered into a contract with a large corporation headquartered in a different
state. A2Z's counsel recommended that they negotiate to have a clause included into a
contract that specifies their state's law will govern the contract's interpretation. This is an
example of
A. Limiting liability.
Questions from World-Class Academics
Handpicked from Elite Universities
Which one of the following is the most influential legal system in the world?
A. U.S. law
B. Civil law
C. Common law
D. Roman-French law - -correct ans- -B
A tort is
A. A wrong against society that is punishable by federal, state, and local officials; and is
derived from statutes.
B. A written law passed by a legislative body that describes unacceptable acts or omissions.
C. An element of negligence that must be present for negligence to be successfully proven.
D. A wrongful act or omission, other than a crime or a breach of contract, that involves a
legally protected right. - -correct ans- -D
Inserted into a contractual agreement, which one of the following provisions limits the
amount for which one party might otherwise be liable?
A. Both-to-blame clause
B. Liquidated damages clause
C. Valuation clause
D. Duty to mitigate clause - -correct ans- -B
A state has a particularly bad reputation for frivolous lawsuits and large damage awards.
Non-profit organizations and charities in the state were having difficulty finding qualified
,B. C.
D.
individuals to serve on their boards for fear of legal liability. Janet Barnes, a state senator,
sponsored a bill that would shield non-compensated board members of charities and
nonprofit organizations from tort liability claims. The legal defense that she wanted these
board members to be able to assert is A. Comparative negligence.
Immunity.
Collateral sources.
Privilege. - -correct ans- -B
Those resolving international disputes between individuals or corporations first apply any
international agreement or treaty that governs the dispute. If no international agreement or
treaty applies, then
A. The dispute is submitted to an arbitration process.
B. The dispute is settled according to the laws of the nation where the dispute occurred.
C. Any relevant laws of the involved countries are applied to the dispute.
D. The matter is reconciled through an international dispute resolution process. - -correct
ans- -C
Anti-discrimination laws and corporate governance laws are examples of A.
Statutes that impose legal liability on an organization.
B. Statutes that do not impose liability on an organization.
C. Legal interests that can be violated by torts.
D. Legal interests that can be violated by contracts. - -correct ans- -A
A release of liability agreement for activities specified in the contract is A.
A hold harmless agreement.
B. An exculpatory agreement.
C. A waiver.
, B. C.
D.
D. A duty. - -correct ans- -B
Radley Contracting Company is installing new signage on the front of a building. George, a
passerby walking near the building is injured when a Radley employee accidentally drops a
tool from a crane. George likely has the ability to assert which one the following types of
claim?
A. Premises and products liability
Premises and operations liability
Completed operations liability
Incompleted operations liability - -correct ans- -B
In the typical civil law case the preliminary stage involves submission of pleadings and
A. Documentation of evidence.
B. Appointment of a hearing judge.
C. Definitions of legal terms.
D. Preparation of a written summary of the proceedings. - -correct ans- -B
Which one of the following is a wrongful act or omission for which the remedy is usually
monetary damages?
A. Statutory liability
B. Tort
C. Breach of contract
D. Act of commission - -correct ans- -B
A2Z Contracting entered into a contract with a large corporation headquartered in a different
state. A2Z's counsel recommended that they negotiate to have a clause included into a
contract that specifies their state's law will govern the contract's interpretation. This is an
example of
A. Limiting liability.
