Answer:
Exculpatory clauses are generally unsuccessful at protecting a licensee from liability to the buyer because they is (d) Contradict statutory obligations.
Step-by-step explanation:
Exculpatory clauses, which attempt to limit or eliminate liability for certain actions, are generally unsuccessful at protecting a licensee from liability to the buyer because they often contradict statutory obligations. Statutory obligations are legal requirements set by statutes or laws, and any attempt to waive or limit them through exculpatory clauses is likely to be deemed unenforceable. Licensing agreements and contracts must align with applicable laws, and attempts to exempt parties from complying with statutory obligations are typically deemed against public policy.
In real estate, for example, where licensing agreements are common, exculpatory clauses attempting to shield licensees from statutory duties related to disclosure or fair dealing may be viewed as contrary to the public interest in protecting consumers. Courts may find such clauses unenforceable because they undermine the fundamental purpose of these statutory obligations.
Option D is correct.