Quiz: Contract and Legal Document ‘Ask Me Anything’

Question 1: What is the primary benefit of using the ‘Ask Me Anything’ (AMA) approach for legal documents?

• It replaces the need for any legal counsel entirely.
• It allows users to query complex documents using natural language instead of manual review.
• It automatically signs contracts for the user.
• It rewrites the contract to be more favorable to the user automatically.

(Correct: It allows users to query complex documents using natural language instead of manual review.)

Question 2: How should an executive verify the accuracy of an AI’s summary of a legal clause?

• Assume the AI is always correct and proceed with the summary.
• Ask the AI to provide the specific page number and quote from the original document.
• Print out the document and read it from scratch to be sure.
• Ask a different AI the same question and see if the answers match.

(Correct: Ask the AI to provide the specific page number and quote from the original document.)

Question 3: Which feature of a modern AI tool is most important for analyzing long contracts?

• The ability to generate images.
• A large context window that can process the entire document at once.
• The ability to translate the document into multiple languages.
• Voice-to-text transcription speed.

(Correct: A large context window that can process the entire document at once.)