An exculpatory clause most likely would be held to limit or disclaim liability for malpractice: ______.

Question

Quizplus · Accepted Answer

Exculpatory clauses are designed to limit or disclaim liability under certain conditions. For such a clause to be effective, especially in professional settings like accounting, it must be conspicuous, unambiguous, and clear. This ensures that all parties are aware of the clause and understand its implications. Courts are more likely to uphold these clauses if they meet these criteria, as it indicates that the parties entered into the agreement with full knowledge of the liability limitations.

An Exculpatory Clause Most Likely Would Be Held to Limit