Examlex
Which of the following answers include all the others?
Punitive Damages
Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.
Arbitration
A method of resolving disputes outside of court through the decision of one or more arbitrators.
Exculpatory Clause
A contract provision that releases one party from liability for their wrongful acts to the other party.
Tort Liability
A legal responsibility arising from civil wrongs not based on contractual obligations, causing harm or loss to another person or entity, leading to potential compensation for damages.
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