Please chegg using IRAC method. It is Legal Environment of Business 1.

8. Richard Schewe and others placed personal property in a building occupied by Winnebago Country Fair Association, Inc. Prior to placing their property in the building, they signed a "Storage Rental Agreement prepared by the county Fair Association, which stated: "No liability exists for damage or loss to the stored equipment from the perils of fire." The property was destroyed by fire. A suit was brought against the Country Fair Association to recover damages for the losses on the theory of negligence of a warehouse. The Country Fair Association claimed that the language in the storage agreement relieved it of all liability. Decide. [Allstate Ins. Co. v. Winnebago Country Fair Ass'n, Inc., 475 N.E.2d 230 (III. App.)]