Discuss exculpatory clauses, and designate when an exculpatory clause is unenforceable


An exculpatory clause is one that attempts to release one of the parties from liability in the event of injury. A clause is generally unenforceable when it attempts to exclude an intentional tort or gross negligence, affects activity that is in the public interest, when the parties have greatly unequal bargaining power, and unless the clause is clearly written and readily visible.

Business

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For independent projects, net present value analysis and internal rate of return analysis yield the same decision

Indicate whether the statement is true or false

Business

Sergey Brin and Larry Page, the founders of Google, are

a. High on both EQ and IQ b. High only on IQ c. High only on EQ d. Successful due to their inherited wealth, which allowed them to pay more talented employees to work for them

Business

In a sell or process further decision, consider the following costs:I.A variable production cost incurred prior to split-off.II.A variable production cost incurred after split-off.III.An avoidable fixed production cost incurred after split-off.Which of the above costs is (are) not relevant in a decision regarding whether the product should be processed further?

A. Only I and III B. Only I and II C. Only I D. Only III

Business

To keep the costs down and also to minimize the chance of surprises, it is generally a good rule of thumb to minimize the number of:

A) purchases. B) customizations. C) embedded processes. D) special tools.

Business