1|Page
AIC301 FINAL EXAM TEST AND PRACTICE EXAM
QUESTIONS 2025/ 2026 COMPLETE EXAM
QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) /ALREADY GRADED
A+||LATEST EXAM!!!
The act of leaving a dangerous 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. - Answer-A.
Negligent entrustment.
There was a large unmarked sinkhole on Charlotte's
property, a short distance from a public road. One evening,
a police officer chased a 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?
,2|Page
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 - Answer-D. Charlotte is liable to the officer for the
unguarded ditch, because the officer was a licensee, but
she is not liable to the trespassing mugger.
Antonia was a life tenant who occupied a house at 33
Main Street. 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.
,3|Page
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. -
Answer-C. Antonia, because life tenants can recover the
entire value of the property that they insure.
Cristobal is in the process of purchasing a home from
Leah. They 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. - Answer-A. Cristobal and Leah have signed
the real estate sales contract, but have not yet closed.
Kirk contracts with Ernest for five shipments of fresh
produce at a specific price per shipment due at the time of
, 4|Page
delivery. Kirk fails to ship the third shipment. The contract
between Kirk and Ernest is
Select one:
A. Void.
B. Unilateral.
C. Divisible.
D. Entire. - Answer-C. Divisible. A contract is divisible if
each party's performance can be divided into two or more
parts and if it appears that the parties to the contract
contemplated separate compensation for each installment
of the performance. Failure to perform one installment is
not failure to perform the entire agreement. If the contract
is divided into parts only to provide periodic payments
toward the full amount due upon contract completion, the
contract is an entire contract, not a divisible one. 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.
Fatima owns a cafe that is open to the public. Kaito enters
the cafe and orders a coffee. Kaito is a(n)
Select one:
A. Public invitee.
AIC301 FINAL EXAM TEST AND PRACTICE EXAM
QUESTIONS 2025/ 2026 COMPLETE EXAM
QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) /ALREADY GRADED
A+||LATEST EXAM!!!
The act of leaving a dangerous 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. - Answer-A.
Negligent entrustment.
There was a large unmarked sinkhole on Charlotte's
property, a short distance from a public road. One evening,
a police officer chased a 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?
,2|Page
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 - Answer-D. Charlotte is liable to the officer for the
unguarded ditch, because the officer was a licensee, but
she is not liable to the trespassing mugger.
Antonia was a life tenant who occupied a house at 33
Main Street. 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.
,3|Page
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. -
Answer-C. Antonia, because life tenants can recover the
entire value of the property that they insure.
Cristobal is in the process of purchasing a home from
Leah. They 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. - Answer-A. Cristobal and Leah have signed
the real estate sales contract, but have not yet closed.
Kirk contracts with Ernest for five shipments of fresh
produce at a specific price per shipment due at the time of
, 4|Page
delivery. Kirk fails to ship the third shipment. The contract
between Kirk and Ernest is
Select one:
A. Void.
B. Unilateral.
C. Divisible.
D. Entire. - Answer-C. Divisible. A contract is divisible if
each party's performance can be divided into two or more
parts and if it appears that the parties to the contract
contemplated separate compensation for each installment
of the performance. Failure to perform one installment is
not failure to perform the entire agreement. If the contract
is divided into parts only to provide periodic payments
toward the full amount due upon contract completion, the
contract is an entire contract, not a divisible one. 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.
Fatima owns a cafe that is open to the public. Kaito enters
the cafe and orders a coffee. Kaito is a(n)
Select one:
A. Public invitee.
