In an exculpatory clause, which of the following statements is true? a. One party agrees that the

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In an exculpatory clause, which of the following statements is true?

a. One party agrees that the other party is not mentally incompetent.

b. One party releases the other party from liability in the event of monetary or physical injury, no matter who is at fault.

c. One party is able to sue the other party based on the clear fault of the other party.

d. Both parties agree to use arbitration, not adjudication, to settle any disputes arising under the contract containing the clause.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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