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AIC 301 - FINAL EXAM PREP
QUESTIONS WITH VERIFIED
ANSWERS 2026
George left his camera at the repair shop to be fixed. An unknown arsonist
burned the shop to the ground, destroying George's camera. The fire marshal
found no fault with any of the repair shop's fire protection practices and systems.
Under the circumstances,
Select one:
A. The bailee is not responsible for the destruction of the camera.
B. The bailee and bailor are equally at fault for the destruction of the camera.
C. The bailee is responsible for the destruction of the camera.
D. The bailor is at fault for the destruction of the camera. - correct-answer -A. The
bailee is not responsible for the destruction of the camera.
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A restaurant manager created a new method to cook French fries. Which one of
the following describes how the restaurant manager can protect his intellectual
property rights?
Select one:
A. By registering a trade secret with the state.
B. By claiming part ownership in the restaurant
C. By obtaining a patent
D. By filing a copyright notice - correct-answer -C. By obtaining a patent. The
restaurant manager can protect his intellectual property rights by obtaining a
patent. A patent applies to a new, useful, nonobvious invention.
Which one of the following presents the two central elements that can give rise to
an estoppel?
Select one:
A. Knowledge and intentional relinquishment of a known right
B. Reliance and detriment
C. Incorrect statement of facts and intent
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D. Voluntary choice and inconsistent rights or privileges - correct-answer -B.
Reliance and detriment
If Zelda agrees to paint Amy's fingernails for $15 twice a month, Zelda and Amy
have formed
Select one:
A. A unilateral contract.
B. An implied-in-law contract.
C. An irrevocable contract.
D. A bilateral contract. - correct-answer -D. A bilateral contract.
Julian was driving his car along a mountain road with his friend Georgia in the
passenger seat. Julian's car crashed into a car driven by Magnus. Julian, Georgia,
and Magnus were injured.
In the subsequent lawsuit brought by Georgia against Julian and Magnus, the
court found that Magnus was 100 percent liable for the accident. Next, Magnus
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sued Julian and pled that Julian was negligently responsible for his injuries. Which
one of the following doctrines bars Magnus' claims against Julian?
Select one:
A. Special verdict
B. Competence rule
C. Res judicata
D. Collateral estoppel - correct-answer -D. Collateral estoppel
Victoria dared her friend, Amy, to jump over a moving car on her bicycle. Amy
agreed, and Victoria drove the car. It did not turn out well. The car was damaged,
and Amy was injured. Amy's lawyer predicted that she would be found 50 percent
at fault. Which one of the following comparative negligence rules would be most
helpful to Amy's case if she decided to sue Victoria?
Select one:
A. The 50 percent comparative negligence rule
B. The slight versus gross rule
C. The 49 percent comparative negligence rule
AIC 301 - FINAL EXAM PREP
QUESTIONS WITH VERIFIED
ANSWERS 2026
George left his camera at the repair shop to be fixed. An unknown arsonist
burned the shop to the ground, destroying George's camera. The fire marshal
found no fault with any of the repair shop's fire protection practices and systems.
Under the circumstances,
Select one:
A. The bailee is not responsible for the destruction of the camera.
B. The bailee and bailor are equally at fault for the destruction of the camera.
C. The bailee is responsible for the destruction of the camera.
D. The bailor is at fault for the destruction of the camera. - correct-answer -A. The
bailee is not responsible for the destruction of the camera.
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A restaurant manager created a new method to cook French fries. Which one of
the following describes how the restaurant manager can protect his intellectual
property rights?
Select one:
A. By registering a trade secret with the state.
B. By claiming part ownership in the restaurant
C. By obtaining a patent
D. By filing a copyright notice - correct-answer -C. By obtaining a patent. The
restaurant manager can protect his intellectual property rights by obtaining a
patent. A patent applies to a new, useful, nonobvious invention.
Which one of the following presents the two central elements that can give rise to
an estoppel?
Select one:
A. Knowledge and intentional relinquishment of a known right
B. Reliance and detriment
C. Incorrect statement of facts and intent
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D. Voluntary choice and inconsistent rights or privileges - correct-answer -B.
Reliance and detriment
If Zelda agrees to paint Amy's fingernails for $15 twice a month, Zelda and Amy
have formed
Select one:
A. A unilateral contract.
B. An implied-in-law contract.
C. An irrevocable contract.
D. A bilateral contract. - correct-answer -D. A bilateral contract.
Julian was driving his car along a mountain road with his friend Georgia in the
passenger seat. Julian's car crashed into a car driven by Magnus. Julian, Georgia,
and Magnus were injured.
In the subsequent lawsuit brought by Georgia against Julian and Magnus, the
court found that Magnus was 100 percent liable for the accident. Next, Magnus
, 4|Page
sued Julian and pled that Julian was negligently responsible for his injuries. Which
one of the following doctrines bars Magnus' claims against Julian?
Select one:
A. Special verdict
B. Competence rule
C. Res judicata
D. Collateral estoppel - correct-answer -D. Collateral estoppel
Victoria dared her friend, Amy, to jump over a moving car on her bicycle. Amy
agreed, and Victoria drove the car. It did not turn out well. The car was damaged,
and Amy was injured. Amy's lawyer predicted that she would be found 50 percent
at fault. Which one of the following comparative negligence rules would be most
helpful to Amy's case if she decided to sue Victoria?
Select one:
A. The 50 percent comparative negligence rule
B. The slight versus gross rule
C. The 49 percent comparative negligence rule
