QUESTION 9 A hires B to work for his logging operation, which is dangerous work.
ID: 357240 • Letter: Q
Question
QUESTION 9
A hires B to work for his logging operation, which is dangerous work. A has B sign a contract that says that B will not sue A in the event of injuries that happen on the job. This contract, which is probably illegal is:
an unconscionable contract
a non-voidable contract
none of the other choices
promissory estoppel
detrimental reliance contract
QUESTION 10
When a wrongdoer harms a person's interest in land or personal possessions, this is referred to as:
a tort against property
a misdemeanor
none of the other choices
a contractual wrong
a libel against the person
QUESTION 11
Limitations or requirements about the use of property are called:
deeds
possessories
life estates
servitudes
profits
QUESTION 12
A "reasonable price":
is always "fair market value"
none of the other choices are correct
is completely arbitrary
is determined by a formula specified by UCC Article 2
is never "fair market value"
a.an unconscionable contract
b.a non-voidable contract
c.none of the other choices
d.promissory estoppel
e.detrimental reliance contract
Explanation / Answer
9) C
It is an exculpatory agreement in which one party is relieved of liability and protects them from being sued
10) A
It is referred to as Tort and it is against property of an individual as it is the possession
11) D
It is the Anglo American law about the use of property about rights and obligations
12) E
It may or may not be fair price as per market requirement. It is not completely arbitrary as it depends on market scenario
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