Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. Champerty
b. Exculpatory clause
c. Franchisor
d. Gambling agreement
e. Government-granted franchise
f. interest
g. Monopoly power
h. Restraint of trade
i. Unlicensed transaction
j. Usury
1. An agreement based on the uncertain outcome of some future event. 1. _________
2. The practice of charging a higher interest rate than that permitted by law.
2. _________
3. An agreement with a person who is required to have, but lacks, the approval of the state to practice his or her business, profession, or occupation. 3. _________
4. An agreement by a person to encourage or support a lawsuit in which he or she has no legitimate interest. 4. _________
5. The ability to control the market in a particular area or for a certain product.
5. _________
6. A legal monopoly granted to a firm or person to conduct a specific business such as a railroad or electric company. 6. _________
7. Actions or agreements intended to suppress or eliminate competition. 7. _________
8. A statement in a contract that releases one party from liability resulting from his or her own negligence throughout the performance of a contract. 8. _________
9. The charge for the use of borrowed money. 9. _________
10. A government or parent firm that grants a monopoly to another. 10. _________