To Avoid Liability for Intentional Injuries, Vermont Power Corporation In?cludes

question 37

Multiple Choice

To avoid liability for intentional injuries, Vermont Power Corporation in?cludes in its contracts an exculpatory clause. This is

• A) enforceable if the other parties are protected from liability.
• B) enforceable if the other parties consent to it.
• C) enforceable if the other parties have equal bargaining power.
• D) not enforceable.

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Definitions:

Criminal Liability

The legal responsibility for a crime and the resulting punishment.

Professional Services

Work provided by individuals with specialized knowledge or skills, typically requiring certification or licensing, such as legal, accounting, or consulting services.

Questionable Loans

Loans that raise concerns regarding their repayment due to issues like the borrower's financial instability or lack of sufficient collateral.

Financial Stability

The condition where a financial system operates effectively without experiencing significant disruptions, enabling economic entities to perform their transactions confidently.