Question
Which of the following describes a contractual provision that may be used to mitigate risks?Select all that apply. Group of answer choices Forum selection clauses,
Which of the following describes a contractual provision that may be used to mitigate risks?Select all that apply.
Group of answer choices
Forum selection clauses, which determine the forum for litigation of disputes arising out of the contract.
Conditions subsequent, which mitigate the risk of being obligated by providing that a party is discharged if a specified event occurs.
Severability clauses, which provide that an illegal or unenforceable provision in a contract will not render the entire contract void.
Liquidated damages provisions, which mitigate risk by providing for a pre-determined amount of damages in the event of a breach of contract.
Conditions precedent, which mitigate the risk of being obligated by requiring that a specified event must occur before a party becomes obligated.
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