Author Question: To my husband for life, then to my children: A) Creates a fee simple defeasible in the husband. B) ... (Read 106 times)

saliriagwu · **on:** Jun 24, 2018

To my husband for life, then to my children:
A) Creates a fee simple defeasible in the husband.
B) Creates a contingent remainder in the children.
C) Violates the Rule Against Perpetuities.
D) None of the above

Question 2

A liquidation of damages clause in a consumer contract is enforceable if it:
A) is not in excess of twice the provable damages.
B)is agreed to by both parties to the contract.
C)reasonably attempts to estimate the actual harm caused by a breach.
D) is a reasonable amount designed to punish the breaching party.