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1. Famed B-Law Survivor and professional soccer player extraordinaire Mr. Josh Galway United fondly known to his friends as Blue-eyed Devil, transfers real property he

1. Famed B-Law Survivor and professional soccer player extraordinaire Mr. Josh Galway United fondly known to his friends as Blue-eyed Devil, transfers real property he owns and the deed reads, I transfer this property to the U.C. Santa Clara Rodent Soccer Team so long as it is used to promote soccer playing rodents, and if it ceases to be so used, then it comes back to me. Assuming that California law controls, the type of ownership estate created is:

A) Fee simple absolute.

B) Fee simple subject to remainder.

C) Fee simple defeasible with reversion.

D) Life estate.

E) Community property.

2. Assume that the deed reads, I transfer this property to the U.C. Santa Clara Rodent Soccer Team so long as it is used to promote soccer playing rodents, and if it ceases to be so used, then it goes to my rarely sober soccer playing friends and B-Law Survivors all, [Geremy Uhlster, David Martini, Adam Beerman, Brandon Cockapoo McDonald, Bryan NoCura, Katie 40 oz Fosters, Kyle Clump, Jeffrey Hustle, Jessie Hinder-son, O.D. ODonnell, JD Warrant, Felipe Porsche Carrera, Jeff Bad Intentions Pensta, Heist Niehe, Knick Smith, Andy Swooped, Vigard Viking Karlsen, Fred Lurch Loechen, Brendan Area 51 Roswall, Christina Moped, Samir Soccer-Sam, Najmeh, Celia Cool Drink Pellegrino, Kyle McLoud, Miguel All Academic Aguilar, Sixto Pour Me-A-Cold-One Porras, Im Not Mitt Dave Romney, , Aaron Vince Lombardi, Jonathan Fabulous Fabulich, Kam Raven Krow, and honorary Survivor Fiona "Temperance" OSullivan. (Names changed to protect the innocent)]. What have Mr. Smiths rarely sober friends acquired?

A) Fee simple absolute.

B) Fee simple defeasible.

C) Life estate.

D) Remainder interests.

E) Community Property.

3. The Dean of the School of Business hires the worlds most famous International dance company The Paisanos (Lupo Benatti, Felix Jermanan, Maria-Claudia Tortella, Giorgia Scelzo, Sergio Mandrone, Alberto Zini and Martina Granieri) to teach the Business Law faculty the latest hip-hop dances. The Paisanos quoted the Dean a price of $6,000 per faculty member for the dance instruction. After 20 minutes of lessons, the troupe discovered that the faculty has absolutely no rhythm and incredibly, they each have two left feet! To teach this rhythmatically challenged group would take substantially more time and cost more money. The Paisanos say they will continue, but only if the Dean pays them $2,000 for each extra left foot. If the Deans promise to pay an increased amount is enforceable it is because:

A) This is a valid settlement of a liquidated debt.

B) This is an unforeseen circumstance.

C) This is a Uniform Commercial Code modification.

D) This is a preexisting duty.

E) This is a novation.

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