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Performance and Breach Under what circumstances should courts not allow fully informed contracting parties to agree to...

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General Management

Performance and Breach

Under what circumstances should courts not allow fully informedcontracting parties to agree to limit remedies? Describe a specificsituation where the contracting parties could or could not limitremedies. What societal and/or business principles might beinvolved in a court's decision?

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The courts must not allow fully informed contracting parties to agree to limit remedies under following condition One of the contracting parties is very strong and the other contracting party is weak If the circumstances are that any one partys agreement is dependent on other    See Answer
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