Asked by Andrés Tomas on Jul 06, 2024
Verified
An exculpatory clause that protects a person from liability for fraud is:
A) valid but unenforceable.
B) valid if it is in writing.
C) against public policy.
D) valid if both parties agree.
Public Policy
Fundamental principles or ideologies concerning what is regarded by the government as being in the public's best interest.
Fraud
Intentional deception made for personal gain or to damage another individual, involving false representation of facts, omission of information, or other deceitful practices.
- Understand the judicial implications of exculpatory provisions in contractual agreements.
Verified Answer
AA
Angelina Angelina1Jul 10, 2024
Final Answer :
C
Explanation :
An exculpatory clause that purports to relieve a person from liability for fraud or some other willful tort will be considered to be against public policy.
Learning Objectives
- Understand the judicial implications of exculpatory provisions in contractual agreements.
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