Simple Overview of Exculpatory Clause
Contracts that are adjudicated to be contrary to public policy may result in portions of the contract being declared unenforceable.
Exculpatory Clause
An exculpatory clause is a provision of a contract that releases one party of the contract from all liability no matter who is at fault. Exculpatory clauses are normally permitted to remain in effect if the contracted party is engaged in an enterprise that is not considered essential to the public good, such as the operation of a recreational facility. However, with a clause that releases a company from liability which functions in a business that is considered essential to the public good, the courts w
Related Topics
- Easy Overview of a Compromise
- Understanding the Confidentiality Laws
- Quick Overview to LLC Operating Agreement
- All You Need to Know About Treaty of Paris
- Easy Uniform Commercial Code Overview
- Lease Purchase Agreement Explained.
- Discover New Important Facts About Building Permits
- Enforceable Contract At A Glance
- Non-aggression Pact Overview
- Promissory Estoppel Overview