Bortez, a sales representative, had a breakfast appointment with a prospective buyer. They were to meet in

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Bortez, a sales representative, had a breakfast appointment with a prospective buyer. They were to meet in the restaurant of the Grand Prix Hotel. Bortez left his brief case, which contained almost $30,000 worth of sample watches, with the clerk in the hotel checkroom. The clerk gave him a receipt that stated in fine print: “Not liable for loss or damage from any cause beyond a maximum of $100.” Bortez, in a hurry, stuffed the stub into his pocket without reading it. The clerk left his post briefly to go to the restroom. When he returned, the case was gone. Is the Grand Prix liable? If so, for how much?

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