In Commercial Transactions,courts View Exemption Clauses as Having Been Negotiated

question 7

True/False

In commercial transactions,courts view exemption clauses as having been negotiated terms of the contract with consideration calculated on the basis of the liability associated with the clause and,therefore,are reluctant to overturn these clauses when they are clear and contain no ambiguity.

Understand the basic functionalities of Query Design view.

Learn how to sort and filter records in queries.

Recognize the use and functionality of the Find and Replace tool.

Know how to apply and manage filters in a datasheet.

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Definitions:

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas.

Monotonous

Lacking in variety and interest; tediously unvarying.

Attributonial Bias

A cognitive bias that affects the way we determine who or what is responsible for an event or action, often leading to error in judgment.

Cognitive Dissonance

A psychological discomfort experienced when holding contradictory beliefs or values, or when behavior and beliefs do not align, often leading to a change in beliefs or behaviors to reduce the dissonance.