Exemption Clauses Are Not Capable of Excluding Liability for Breach

question 10

True/False

Exemption clauses are not capable of excluding liability for breach of the implied Sale of Goods Act warranties if the purchaser is a consumer.

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Definitions:

Cost of Equity

The return that investors expect for investing in a company's equity, representing the compensation for risk.

Dividend Payment

A portion of a company's profits distributed to shareholders, typically on a quarterly basis.

Flotation Costs

The financial outlay a firm encounters when releasing new securities, involving charges for legal matters, underwriting, and registering the issuance.