Asked by Melina Collins on May 20, 2024
Verified
A statement releasing one of the parties to an agreement from all liability, regardless of who is at fault or what the injury suffered is, would be referred to as a[n] ________ agreement.
A) Substantive
B) Adhesion
C) In pari delicto
D) Exculpatory
E) Res Ipsa
Exculpatory Agreement
A contract provision that relieves one party of liability if damages are caused during the execution of the contract.
In Pari Delicto
A legal doctrine stating that if both parties involved in a lawsuit are equally at fault, the court will not assist either party.
- Understand exculpatory clauses and their limitations within contractual agreements.
Verified Answer
PP
Priyanka PatelMay 22, 2024
Final Answer :
D
Explanation :
An exculpatory agreement is a contract or clause that relieves one party of liability if damages are caused during the execution of the contract, regardless of fault.
Learning Objectives
- Understand exculpatory clauses and their limitations within contractual agreements.
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