1. Rusty is a landlord over the apartment Pierre lives in. Pierre is unable to make rent payments, so Rusty makes Pierre do renovation labor on the apartments every day for 6 hours as payment instead. He also makes Pierre sign a contract that he will not move until he catches up to his late payments.

• Guilty - Fraud in the execution
• Guilty - Duress
• Guilty - Undue influence
• Not Guilty

1. __________ damages are those which cover future losses which are likely to result from one partys insufficient performance.

• Consequential
• Nominal
• Compensatory
• Punitive

1. Which of the following would not qualify as valid consideration?

• Marcy pays Jim a dollar for every bag of tin cans he picks up for recycling.
• Laura buys $100 worth of clothes from Martha on credit.
• Spencer and Linda sign a contract where Linda buys all her lumber from Spencer and Spencer sells as much lumber to Linda each week as he wants.
• Bill rents an apartment from his landlord.