1. 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:
a. an unconscionable contract
b. a non-voidable contract
c. none of the other choices
d. promissory estoppel
e. detrimental reliance contract
2. When a wrongdoer harms a person's interest in land or personal possessions, this is referred to as:
a. a tort against property
b. a misdemeanor
c. none of the other choices
d. a contractual wrong
e. a libel against the person
3. Limitations or requirements about the use of property are called:
a. deeds
b. possessories
c. life estates
d. servitudes
e. profits
4. A "reasonable price":
a. is always "fair market value"
b. none of the other choices are correct
c. is completely arbitrary
d. is determined by a formula specified by UCC Article 2
e. is never "fair market value"