A contract may include a clause stating that damages must be limited to a maximum amount.

Question

Quizplus · Accepted Answer

It is common for contracts to include clauses that limit the amount of damages that one party can recover from the other. This is typically done to protect the party who is being asked to assume liability or risk in the agreement. However, the enforceability of such clauses can vary depending on the jurisdiction and the specific circumstances of the case.

A Contract May Include a Clause Stating That Damages Must