Answer:
Hoofed frolicking.
When set loose I fly away. Never so cursed as when I go astray.
Five hundred begins it, five hundred ends it. Five in the middle is seen. First of all figures, the first of all letters. Take up their stations between. Join all together, and then you will bring before you the name of an eminent king.
What has a neck and no head, two arms but no hands?
I never was but always will be. No one ever saw me but everyone knows I exist. I give people the motivation to better themselves every day. What am I?
What did the piece of wood say when he saw the screwdriver and screws approaching?