A Contract Provision Stating That One of the Parties Shall

question 52

Multiple Choice

A contract provision stating that one of the parties shall not be liable for damages in case of a breach is called a(n) __________ clause.

• A) liquidated damages
• B) exculpatory
• C) waiver.
• D) due process

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Definitions:

Intrapersonal Level

Pertains to processes, thoughts, and emotions that occur within an individual's mind.

Social Cognition

The study of how people process social information, including understanding and reasoning about others' behaviors and intentions.

Emotions and Attitudes

Refers to how feelings influence people's outlooks and predispositions towards certain behaviors or beliefs.

Dispositional Influences

Internal factors such as beliefs, values, personality traits, and attitudes that guide an individual's behavior.