There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

Two guards were on duty outside a barracks. One faced up the road to watch for anyone approaching from the North. The other looked down the road to see if anyone approached from the South. Suddenly one of them said to the other, "Why are you smiling?"

How did he know his companion was smiling?

When 99 is considered higher than 100?

How can you drop a raw egg from a height onto a concrete floor without cracking it?

How can one talk without saying a single word?

The first box has two white balls. The second box has two black balls. The third box has a white and a black ball.

Boxes are labeled but all labels are wrong!

You are allowed to open one box, pick one ball at random, see its colour and put it back into the box, without seeing the colour of the other ball.

How many such operations are necessary to correctly label the boxes?

There are forty elephants and they have forty-fore heads. How can this be possible?

Rebus Puzzle Definition: A rebus is an illusion device that uses pictures to represent words or parts of words.
What does This Rebus Puzzle Identify?

You have four chains. Each chain has three links in it. Although it is difficult to cut the links, you wish to make a single loop with all 12 links. What is the fewest number of cuts you must make to accomplish this task?

What is full of holes but still holds water?