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...
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,...
What are the Consequences of Consequential Damages?
Many contracts have a provision like this: Neither party will be responsible or held liable for any consequential, special, or...