Gerald, I think suddenly hitting something solid would shear the bolt or slip the clutch, but I guess going into something like dirt that's not a sudden or sharp impact, but very quickly applies a great amount of load can bog the engine down instead. However, since I lived in an area with almost no rocks, I've never personally owned an implement with a slip clutch. I do know that they require a bit of maintenance, so I don't know whether yours is in need of adjustment or not.
John Miller III obviously is quite familiar with the maintenance and adjustments so maybe he can advise you.