An Exculpatory Clause Is Generally Unenforceable When

question 36

Multiple Choice

An exculpatory clause is generally unenforceable when

• A)it attempts to release a party from liability for ordinarily negligent behavior.
• B)it involves public transportation.
• C)it is written clearly and in bold,large print.
• D)the affected activity is a recreational activity.

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Definitions:

Trade

The process of purchasing, vending, or trading products and services among individuals, corporations, or nations.

Trade

The exchange of goods, services, or both within and between countries.

Deadweight Loss

An economic inefficiency occurring when a market outcome does not maximize total surplus due to a distortion, like a tax or subsidy.

Tariff

A tax imposed by a government on imported goods, typically to protect domestic industries or to generate revenue.