Examlex
Describe asset allocation and its importance.
Privileged
Refers to having special rights, advantages, or immunities that are not available to everyone.
Representation Clause
A contractual provision where one party guarantees certain facts or conditions to be true or to occur.
Exculpatory Clause
An exculpatory clause is a contract provision that absolves one party from liability for harm or damages incurred by the other party.
Liability Clause
A provision in a contract that outlines the responsibilities and liabilities of each party involved in the agreement.
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