Bay City Mall requires its tenants to sign a lease that includes a clause releasing Metro from liability in the event of monetary or physical injury no matter who is at fault. Coco's Chocolate Creations signs a lease with Bay City that contains the clause. This clause is
a. a covenant not to compete.
b. an adhesion contract.
c. an exculpatory clause.
d. an illusory promise.
C
You might also like to view...
The Supreme Court has consistently ruled that Congressional intent disfavors arbitration agreements
a. True b. False Indicate whether the statement is true or false
?Discuss the concept of green marketing and why it is important to marketers.
What will be an ideal response?
Derived demand means the demand for industrial products and services is driven by, or derived from, the
A. demand for government products and services. B. NAICS statistical models. C. demand for consumer products and services. D. demand for other industrial products and services. E. gross national product.
Behavioral approaches ________.
A) are used to explicitly recognize project risk B) are used to get a feel for project risk C) are not used by rational financial managers D) are used to quantify the risk