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Please select the correct answers. D Question 3 1 pts Which does not describe an exemption clause: 0 Contracts with exemption clauses are ineffective if

Please select the correct answers.

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D Question 3 1 pts Which does not describe an exemption clause: 0 Contracts with exemption clauses are ineffective if unsigned 0 Unusual terms must be brought to the attention of the party agreeing to it Q The terms of an exemption clause must be reasonably brought to the attention of a party agreeing to it Q You are bound by the terms regardless if you read them Question 1 1 pts Which is most accurate regarding exemption clauses? 0 An exemption clause is valid even if one of the parties is at a disadvantage O The courts will enforce an exemption clause where it is unconscionable as long as the parties have signed the contract 0 An exemption clause is not enforceable if it does not accurately cover the matter exempted 0 An exemption clause can exempt the terms of the SGA Question 4 1 pts Which is correct regarding exemption clauses? 0 Used goods under the SGA may not be subject to an exemption clause 0 An exemption clause can exempt all liability including fundamental breach 0 An entire agreement clause or exemption clause can exempt any type of misrepresentation O The Maloney case states that with a contract with an exemption clause the law is caveat emptor 1:) Question 5 1 pts What is the privity of contract rule? 0 It is a rule that prevents third parties from suing on a contract. 0 It is a rule that prevents the replacement of one party to a contract with another. 0 It is a rule that prevents third parties from obtaining a benet from a contract. 0 It is a rule that prevents third parties from carrying out obligations under a contract

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