Examlex
In dealing with questions from the interview panel, which of the following pieces of advice should the applicant disregard?
Exculpatory Clauses
Provisions in a contract that relieve one party of liability for harm or loss caused during the execution of the contract, often shifting the risk to the other party.
Principal
The original amount of money loaned or invested, excluding any interest or profits.
Tort Liability
Legal responsibility arising from civil wrongs or injuries caused by one's actions or inactions to another person, excluding breaches of contract.
Misrepresentations
False statements or actions made to deceive or mislead.
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