Whether a Contract's Limitation-Of-Liability Clause Will Be Enforced Depends on the Type

question 17

True/False

Whether a contract's limitation-of-liability clause will be enforced depends on the type of breach that the clause excuses.

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Definitions:

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Profitability

A measure of the efficiency and financial success of a business, indicated by the ratio of profits generated to the resources used.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting one's expectations, desires, or needs.

Implementation

The process of putting a decision or plan into effect; execution.