AIC 301 Quiz Test Study Latest Update -

AIC 301 Quiz Test Study Latest Update - Actual Exam from Credible Source with Questions and 100% Verified Detailed Correct Answers Guaranteed

A Constructive Eviction - CORRECT ANSWER: 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.

A Defense to Fraud - CORRECT ANSWER: 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.

Administrative Agencies (DOI) - CORRECT ANSWER: produce the most laws

Two primary functions include rulemaking and adjudication

Assault - CORRECT ANSWER: in contrast to battery, does not involve physical contact, but the other person must anticipate or expect and fear harm for assault to have occurred

defenses- self defense and defense of property

Bailee Duties (has custody of goods temporarily but no transfer of ownership) -

CORRECT ANSWER: Standard of care for bailee is reasonable care

If for bailor's benefit only-bailee has slight care If for bailee's benefit only-bailee duty is extraordinary care

Bankruptcy Act - CORRECT ANSWER: Chapter 7-liquidation, you turn in the key 1 / 2

Chapter 11-business to reorganize debt Chapter 12-for farmers and fisherman Chapter 13-individuals and small business to reorganize their debt

Battery - CORRECT ANSWER: There is no ground for battery if contacts by both Jim and the police officer were accidental and not intended to be hostile or offensive.

defenses if sued for batter- plaintiff consented to act act was in self defense or defense of others act was of physical discipline

Binder - CORRECT ANSWER: Informal written contracts that summarize the basic

coverages and terms of insurance agreement and provide evidence of insurance until the official policy is issued (temporary insurance contract that provides coverage as per its terms; binder is effective here, whether policy is issued or not)

Community Property - CORRECT ANSWER: 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.

Compensatory Damages include Special Damages and General Damages

Punitive/Exemplary Damages - CORRECT ANSWER: Awarded by court to reimburse

victim for actual damage Medical expenses or lost wages Pain and suffering

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