T F A defendant who otherwise is legally liable for the injuries of the plaintiff will not be legally liable if the plaintiff knowingly and voluntarily exposed the plaintiff to the injury. This is known as the contributory negligence defense and it is a bar to suit by the plaintiff. This reliance on the market is flawed, in that only those persons who are both willing and able to participate in the market are included in the market's efficiency. Personal property attached to residential real property has identical objective intent as personal property attached to commercial real property. Objectively, lost personal property becomes abandoned property in less time than mislaid personal property becomes abandoned property.
All bailments supported by consideration are contracts.
T F An contract for life insurance that is supported by an insurable interest at the time of contract, but is not supported by an insurable interest at the time of loss, is not an il legal contract for gambling. T F A will is a trust that takes effect upon death of the trustee. The standards of good faith for a consumer, a merchant, and a fiduciary all use the same subjective element. The amount of capacity required for a contract is greater than the amount of capacity required for a tort. The UCC treats merchants differently than consumers.