_____ Is a Provision in a Contract That Attempts to Relieve

question 21

Multiple Choice

_____ is a provision in a contract that attempts to relieve one party to the contract from liability for the consequences of his or her negligence.

• A) Exculpatory clause
• B) Indemnification clause
• C) Arbitration clause
• D) Severability clause

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Definitions:

Employee Development

The continuous effort to improve employee skills and competencies through training and career opportunities, enhancing both individual and organizational performance.

Salary Determination

Refers to the process by which the compensation levels for job positions within an organization are set, based on factors like market rates, experience, skills, and organizational budgets.

Multisource Feedback

A performance evaluation method that utilizes the viewpoints of multiple stakeholders, including peers, subordinates, and superiors.

Performance Ratings

The evaluation of an employee's work performance over a certain period of time.