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Which of the following is a reduction reaction?
Limitation of Remedies Clause
A contract provision that restricts the types of remedies available to the parties in case of breach, often to mitigate liability.
Unconscionable
Actions or conditions that are shockingly unfair or unjust; often referring to terms in contracts that are so one-sided that they are oppressive or unfairly penalize one party.
Privity of Contract
A legal concept that restricts the rights or duties arising under a contract to the parties who agreed to it.
Contractual Relation
A legally binding agreement between two or more parties that outlines the rights and duties of each party.
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