Question

What was the result in Riley v. Iron Gate Self Storage, the case in which Larry Riley rented a self-storage unit from Iron Gate with an agreement limiting the value of stored contents to $5,000 and a corresponding liability limit of $5,000

Answer 1

Larry Riley v. Iron Gate Self Storage

The result in the above-mentioned case was that judgment was entered in favor of Iron Gate.

Step-by-step explanation:

The known facts are that after missing payments, Iron Gate auctioned Riley's storage unit items off, causing Riley to sue Iron Gate, in which he alleged to have suffered a $1.5 million in damages, whereas the storage unit was only allowed to hold $5,000. In its ruling, the court determined that self-storage facilities are not an essential or necessary public service. Therefore, it dismissed any procedural unconscionability. Thus, judgment was entered in favor of Iron Gate.