A(n) _____ clause is a provision in a contract that attempts to relieve one party to the contract from liability for the consequences of his or her negligence.
A) exculpatory
B) indemnification
C) arbitration
D) severability

Question

Quizplus · Accepted Answer

An exculpatory clause is a provision in a contract that attempts to relieve one party to the contract from liability for the consequences of his or her own negligence. Public policy generally favors holding people responsible for their own behavior. On the other hand, if no duty to the public is involved and the parties have freely and knowingly agreed, the exculpatory clause may be enforceable.

A(n) _____ Clause Is a Provision in a Contract That