1. Which is correct regarding exemption clauses?

a. An entire agreement clause or exemption clause can exempt any type of misrepresentation

b. The Maloney case states that with a contract with an exemption clause the law is caveat emptor

c. Used goods under the SGA may not be subject to an exemption clause

d. An exemption clause can exempt all liability including fundamental breach

2. Which does not describe an exemption clause:

a. The terms of an exemption clause must be reasonably brought to the attention of a party agreeing to it

b. You are bound by the terms regardless if you read them

c. Unusual terms must be brought to the attention of the party agreeing to it

d. Contracts with exemption clauses are ineffective if unsigned