Multiple Choice
Businesses employ the use of exemption clauses to protect themselves from liability for any number of reasons which can include any of the following EXCEPT
A) exemption clauses allocate the risks so parties know who should insure against what.
B) exemption clauses allow suppliers to charge lower prices.
C) even if sued,the exemption clause will usually offer a complete defence and the business can recover its legal costs from the unsuccessful litigant.
D) the exemption clause can be used to insulate the business from losses caused by employees stealing from its customers by including a specific term that the business is never responsible.
E) if the business is in the position of using a standard form contract it will have a distinct advantage over its customers given that it can design the clause in its favour.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: Canadian common law jurisdictions take a narrower
Q50: What is an exemption clause? Explain the
Q51: All of the following may bar someone
Q52: A condition is<br>A)a fundamental event that must
Q53: When might a warranty in a contract
Q55: Liability in contract<br>A)acts as an incentive to
Q56: There are three circumstances when a court
Q57: If one party breaches a condition of
Q58: What is the distinction between a minor
Q59: A breach of a minor term will