Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller

Exercise 18

Legal Reasoning Questions
1. When do courts enforce exculpatory clauses?
2. What are the specific requirements for an exculpatory clause to be enforceable in Missouri?
3. Was the exculpatory clause at issue in this case enforceable? Why or why not?
4. When Holmes signed the release on May 12, KSDK had not yet become a sponsor of the event. Did this fact render the clause unenforceable? Explain.