Which of the Following Statements Is TRUE with Respect to a Contractual

question 32

Multiple Choice

Which of the following statements is TRUE with respect to a contractual clause that protects one party from the consequences of breach?

• A) Such clauses may reduce or limit liability, but they cannot entirely exclude liability.
• B) Depending upon the circumstances, such clauses may be enforced even if the party who wants to sue for breach did not read the clause.
• C) Such clauses are enforced only if they appear in written and signed contracts.
• D) Such clauses are invalid if they are written in ambiguous language.
• E) Such clauses are enforced only if they are the product of equal bargaining power.

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Definitions:

Worker's Paradise

An idealized society in which workers are well-compensated, have excellent working conditions, and possess significant rights and benefits.

Das Kapital

A foundational theoretical work in communist philosophy, economics, and politics, written by Karl Marx.

Karl Marx

A 19th-century philosopher, economist, and revolutionary socialist best known for his critical theories about capitalism and his ideas that led to the foundation of Marxism.

Political Power

The ability to influence or outright control the behavior of people, typically involving the governance of a state, region, or organization.