Examlex
Using cloud-based services and data storage is referred to as cloud computing.
Disclaimer of Liability
A statement that aims to limit one's responsibility for any harm or damages incurred by others as a result of using provided services or products.
Express Warranty
An explicit promise or guarantee about the quality or nature of a product, made by a seller to induce the buyer to purchase.
Section 402A
A section of the Restatement (Second) of Torts that made manufacturers and suppliers liable for harm caused by defective products provided to consumers without the need for proving negligence.
Punitive Damages
Compensation awarded in a lawsuit as a punishment to the defendant and to deter future similar conduct, above and beyond mere compensation for losses.
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