6/1/26, 5:10 AIC 301 Quiz/Test Study Flashcards |
PM Quizlet
AIC 301 Quiz/Test Study exam with question and
answer 100% correct
Terms in this set (37)
Market Share Liability Applies when a product that has harmed
a consumer cannot be traced to a
single
manufacturer. They are liable unless they can
prove they could not have made the product
involved.
A Defense to Fraud The defendant must make the representation with
the intent to influence the other party's action. If
the defendant did not intend to deceive, there is
no proof of fraud.
Community Property Under the community property concept two types
of property can belong to a spouse - separate
property as well as community property. Separate
property is the respective spouse's sole property
and it is free from the other spouse's interest or
control.
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Parole Evidence Rule (PER) The parole evidence rule provides that oral
evidence of agreements preceding or
accompanying a written insurance policy cannot
be used to prove a waiver. Thus, the agent's oral
statements made at this time would not be
admitted into evidence and thus would be
ineffective as a waiver.
A provision that prevents the terms of a contract
from being modified by evidence of oral or other
agreements after the contract has been written.
Defenses to Tort Fraud The statement was not false
The statement did not relate to a material fact
The defendant did not know the statement was
false
The defendant did not intend to
deceive The plaintiff did not rely on the
statements
The plaintiff suffered no harm or or loss because of
relying on the statement
A Constructive Eviction Actions or inactions of a landlord that create
conditions that prevent a tenant from enjoying
a substantial or integral part of the premise
constitute a constructive eviction.
Repudiation of a Contract repudiation of a contract is the refusal to meet
obligations under the contract, but it must be
positive and unequivocal to constitute a breach. A
statement of inability to perform in the future is
not repudiation. A person cannot sue for
breach of
contract until due date and person has failed to
complete the job.
https://quizlet.com/751464566/aic-301-quiztest-study- 2/11
flash-cards/
PM Quizlet
AIC 301 Quiz/Test Study exam with question and
answer 100% correct
Terms in this set (37)
Market Share Liability Applies when a product that has harmed
a consumer cannot be traced to a
single
manufacturer. They are liable unless they can
prove they could not have made the product
involved.
A Defense to Fraud The defendant must make the representation with
the intent to influence the other party's action. If
the defendant did not intend to deceive, there is
no proof of fraud.
Community Property Under the community property concept two types
of property can belong to a spouse - separate
property as well as community property. Separate
property is the respective spouse's sole property
and it is free from the other spouse's interest or
control.
https://quizlet.com/751464566/aic-301-quiztest-study- 1/11
flash-cards/
, 6/1/26, 5:10 AIC 301 Quiz/Test Study Flashcards |
PM Quizlet
Parole Evidence Rule (PER) The parole evidence rule provides that oral
evidence of agreements preceding or
accompanying a written insurance policy cannot
be used to prove a waiver. Thus, the agent's oral
statements made at this time would not be
admitted into evidence and thus would be
ineffective as a waiver.
A provision that prevents the terms of a contract
from being modified by evidence of oral or other
agreements after the contract has been written.
Defenses to Tort Fraud The statement was not false
The statement did not relate to a material fact
The defendant did not know the statement was
false
The defendant did not intend to
deceive The plaintiff did not rely on the
statements
The plaintiff suffered no harm or or loss because of
relying on the statement
A Constructive Eviction Actions or inactions of a landlord that create
conditions that prevent a tenant from enjoying
a substantial or integral part of the premise
constitute a constructive eviction.
Repudiation of a Contract repudiation of a contract is the refusal to meet
obligations under the contract, but it must be
positive and unequivocal to constitute a breach. A
statement of inability to perform in the future is
not repudiation. A person cannot sue for
breach of
contract until due date and person has failed to
complete the job.
https://quizlet.com/751464566/aic-301-quiztest-study- 2/11
flash-cards/
