Anyone who can answer all these questions correctly, I will give upvote.

1. Indemnity clauses protect a party from undue interference or influence from third parties, and indemnify them in case such third parties litigate against the protected party.

a) True

b) False

2. Severability clauses are used to cut off third parties or prevent them from interfering in the performance of contractual obligations by the parties.

a) True

b) False

3. Essentially, this boilerplate states that unused rights or remedies in the contract may still be available later.

a) No Subcontracting

b) No Oral Amendments

c) No Waiver

d) No Assignments

4. A standard clause to limit liability to a pre-determined formula or amount.

a) Sole Remedy

b) Free and Harmless

c) Representations and Warranties

d) Liquidated Damages

5. This boilerplate clause states that the contract can survive the passing of the contracting parties.

a) Survivors and Assigns

b) Representations and Warranties

c) Independent Contractors

d) Choice of Law