Which of the Following Statements Is Not True Concerning a Disclaimer

question 35

Multiple Choice

Which of the following statements is not true concerning a disclaimer?

• A)A disclaimer is a statement that one of the parties will not be in breach despite failing to perform one or more of their contractual obligations.
• B)A disclaimer will protect a party to the contract from the consequences of their apparent breach of the contract.
• C)A disclaimer may also be known as an exclusion clause, exemption clause or limitation of liability clause.
• D)A disclaimer will be effective to protect a person from liability for breach of contract regardless of whether or not the disclaimer is a term of the contract.

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Definitions:

Appliance Store

A retail establishment that sells household electrical machines and devices for tasks such as cooking, cleaning, and food preservation.

Blood Pressure-Lowering Medication

Drugs prescribed to reduce high blood pressure, thereby lowering the risk of heart disease and stroke.

Cholesterol-Lowering Medication

Refers to drugs used to reduce the levels of cholesterol in the blood, which can help prevent cardiovascular diseases.

Senior Citizen

A term referring to individuals who have reached an advanced age, generally considered to be 65 years or older in many societies.