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An Exculpatory Clause in a Contract for the Sale of a Business

question 8

True/False

An exculpatory clause in a contract for the sale of a business will be enforced if it is reasonable in time and geographical area.


Definitions:

STR Markers

Short Tandem Repeat markers, sequences in the DNA that are repeated multiple times, used in genetic profiling and forensic analysis to identify individuals.

Recombinant DNA Techniques

Methods used in molecular biology to manipulate DNA, thereby creating sequences that do not occur naturally for research, medicine, and agriculture.

Genetically Engineered

Refers to organisms whose genetic material has been altered using genetic engineering techniques, often involving the insertion or modification of genes.

Insulin

A hormone secreted by the pancreas that lowers blood glucose concentration.

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