Carmen contracted with miles, who agreed to replace the carpets in her house. a clause in the contract provides that the only remedy for breach is replacement, repair, or refund of the purchase price. this type of provision in a contract is known as:

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5 July, 03:48

Carmen contracted with miles, who agreed to replace the carpets in her house. a clause in the contract provides that the only remedy for breach is replacement, repair, or refund of the purchase price. this type of provision in a contract is known as:

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Maximilian Hensley · Answer 1

The type of provision that has been contracted is a limitation of liability clause. This provision enables the an agreement of which when a party has caused a damage, he or she will need to comply. In order to replace or pay with the damage that has been done. In the statement above, this provision is what it describes.