diff --git a/lib/active_hash/base.rb b/lib/active_hash/base.rb
index 0898047..144a0c3 100644
--- a/lib/active_hash/base.rb
+++ b/lib/active_hash/base.rb
@@ -102,12 +102,12 @@ def data=(array_of_hashes)
         end
       end
 
-      def exists?(args = nil)
+      def exists?(args = :none)
         if args.respond_to?(:id)
           record_index[args.id.to_s].present?
-        elsif args == false
+        elsif !args
           false
-        elsif args.nil?
+        elsif args == :none
           all.present?
         elsif args.is_a?(Hash)
           all.where(args).present?
diff --git a/spec/active_hash/base_spec.rb b/spec/active_hash/base_spec.rb
index d0af652..9d175e4 100644
--- a/spec/active_hash/base_spec.rb
+++ b/spec/active_hash/base_spec.rb
@@ -1169,6 +1169,12 @@ def continent
       end
     end
 
+    context "when nil is passed" do
+      it "return nil" do
+        expect(Country.exists?(nil)).to be_falsy
+      end
+    end
+
     describe "with matches" do
       context 'for a record argument' do
         it "return true" do