Terms to Know: Damages
In contract law, if the other party breaches the contract (i.e., doesn’t do what he or she is obligated to do), you will have some costs,...
Terms to Know: Limitation of Liability
The limitation of liability is where a seller limits the kinds of remedies a buyer can get if the warranties or other parts of the...
Terms to know: Disclaimers
A savvy Seller will protect themself with a well-drafted express warranty, and will “disclaim” implied warranties. This is perfectly...
