Asked by Johanna Turney on May 26, 2024
Verified
A(n) ________ clause is a provision in a contract that purports to relieve one of the parties from tort liability.
A) exculpatory
B) implied-in-fact
C) quasi
D) expressed
Exculpatory Clause
A contract provision that releases one party from liability for their wrongful acts to the other party.
Tort Liability
A legal responsibility arising from civil wrongs not based on contractual obligations, causing harm or loss to another person or entity, leading to potential compensation for damages.
- Identify the legal consequences associated with exculpatory clauses in contracts.
Verified Answer
SG
sophiya gurungMay 31, 2024
Final Answer :
A
Explanation :
An exculpatory clause is a provision in a contract that purports to relieve one of the parties from tort liability.
Learning Objectives
- Identify the legal consequences associated with exculpatory clauses in contracts.
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