Examlex
Which of the following is an example of a classification?
Exculpatory Clause
A contract provision that relieves one party of liability if damages are caused during the execution of the contract.
Liability
A legal responsibility or obligation that may arise from any number of legal claims or is imposed by law.
Unconscionability
A contract or term within a contract that is so unjust or overwhelmingly one-sided in favor of the party who has the superior bargaining power.
Socialized Medical System
A healthcare system where the government either provides or ensures healthcare for all citizens primarily through public funding mechanisms.
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