AIC 301 - Final Exam with Correct 100% Answers 2026/2027 (25pages)

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. - answers-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? 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 - answers-D. Charlotte is liable to the officer for the AIC 301 - final exam with correct 100% answers 2026 CONT + 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. 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. - answers-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