Exclusion of Consequential Damages for Personal Injuries Resulting from Breach

question 1

True/False

Exclusion of consequential damages for personal injuries resulting from breach of warranty in the sale of consumer goods is prima facie unconscionable.

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Definitions:

Cost of Equity

The return a company theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertake by investing their capital.

Acquisition

The process of acquiring control of another company by purchasing its shares or assets.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting its liquidity.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.