Limitation of Damages Clause

Learn about the definition for this legal term.

What is Limitation of Damages Clause?

The parties may limit the extent or amount of damages voluntarily in the terms of the agreement.

Further Reading

For more detailed information, see our related Contracts terms:

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now