Terms to Know: Punitive Damages
Unless there is fraud or egregious contract (and not just a breach of contract) you are also not entitled to punitive damages or pain and...
Terms to Know: Consequential Damages
Many contracts have a provision like this: NEITHER PARTY WILL BE LIABLE TO THE OTHER IN ANY EVENT FOR ANY SPECIAL, INCIDENTAL, INDIRECT...
Breaking News on Consumer Product Warranties
It is rare that there is breaking news on contract law, but the Federal Trade Commission is currently settling with three major consumer...