What Is an Exclusion Clause? Why Would a Business Want

question 51

Essay

What is an exclusion clause? Why would a business want one included in a contract?

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Definitions:

Ego

In Freud’s theory, the logical, rational, largely conscious system of personality, which operates according to the reality principle.

Psychic Energy

A concept in psychoanalytic theory referring to the force or drive within individuals that motivates them to seek pleasure and avoid pain.

Id

In psychoanalytic theory, the part of the mind in which innate instinctive impulses and primary processes are manifest.

Libido

A term often used in psychoanalytic theory to denote the energy of the sexual drive as a component of the life instinct.