A Severability Provision

question 28

Multiple Choice

A severability provision

• A)rescinds the entire contract upon request of the party who drafted it.
• B)transfers benefits under a contract to another person.
• C)asks the court to delete the offending clause and enforce the rest of the contract.
• D)transfers the obligations of a contract to another party.

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Definitions:

Legal Relationship

A connection between entities or individuals that is recognized and regulated by law, such as contractual obligations or familial bonds.

Co-Ownership

The condition or act of owning something together with one or more parties.

Capital Contributions

Investments made by owners or partners in a business, typically in the form of cash, property, or other assets, to provide funding for the business.

Management

The process of dealing with or controlling things or people within an organization.