Question: An exculpatory clause will generally be held valid if the agreement involves a business generally thought suitable for public regulation. the party seeking exculpation is

An exculpatory clause will generally be held valid if
the agreement involves a business generally thought suitable for public regulation.
the party seeking exculpation is performing a business of great importance to the public.
the party purports to be performing the service to just anybody who comes along.
the parties are dealing at arms' length, able to bargain about the contract.
the property of the purchaser is placed under control of the seller, independent of his negligence.
An exculpatory clause will generally be held valid if the agreement

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

An exculpatory clause will generally be held valid if _ _ _ _ _ . Responses the party purports to be performing the service to the general public.. the party purports to be performing the service to...

Q:

17 An exculpatory clause will generally be held valid if the parties are dealing at arms' length, able to bargain about the contract the party purports to be performing the service to just anybody...

Q:

An exculpatory clause will generally be held valid if _ _ _ _ _ . the party purports to be performing the service to the general public. the agreement involves a business generally thought not...

Q:

Analyze the case Espinoza v. Arkansas Valley Adventures. This is a very clear, well-written, and well-reasoned case written by Neil Gorsuch, who was since appointed to the U.S. Supreme Court. - what...

Q:

Gregory D. Hanks v. Powder Ridge Restaurant Corp. 885 A.2d 734 Supreme Court of Connecticut November 29, 2005 Sullivan, C. J. This appeal ... arises out of a complaint filed by the plaintiff, Gregory...

Q:

However, courts generally hold an exculpatory clause valid if one or more of the following is true. 1. The agreement does not protect against intentional, reckless or grossly negligent conduct 2. The...

Q:

Plaintiffs James and Heidi Glassford, who brought suit to obtain compensation for an allegedly negligent home inspection, appeal the superior courts order granting summary judgment in favor of the...

Q:

Please following 5 cases do summary per each and organize your answer as a lawyer using IRAC (Issue; Rule; Application and Conclusion)? Wood v. Lucy, Lady Duff-Gordon 118 N.E. 214 (1917) Cardozo, J....

Q:

Larry Riley formed a rental agreement for a self-storage unit with Iron Gate Self Storage in December 2003. The agreement stated that a maximum of \($5,000\) of personal property could be stored in...

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

1. What does your class can hold? a. data b. functions c. both data & functions d. none of the mentioned 2. How many specifiers are present in access specifiers in class? a. 1 b. 2 c. 3 d. 4 3. Which...

Q:

Not all "laws "are created by the government. Some are created by individuals dealing with each other. How are these "laws" created and give an example of such a law. 2. What is the difference...

Q:

39. In January 2026, Janeway AG doubled the amount of its outstanding shares by selling an additional 10,000 shares to finance an expansion of the business. You propose that this information be shown...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...