Exclusion Clauses and Limitation Clauses (AQA A-Level Law): Flashcards
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Definition of exclusion clauses
Definition of exclusion clauses
Terms that exclude a party from liability for breach/tort
Definition of limitation clauses
Definition of limitation clauses
Terms that restrict or cap the amount of liability
Exclusion vs limitation clauses - key difference
Exclusion vs limitation clauses - key difference
Exclusion removes liability; limitation only caps/restricts it
When do exclusion clauses operate fairly?
When do exclusion clauses operate fairly?
When both parties have equal bargaining power
What are standard form contracts?
What are standard form contracts?
Pre-prepared contracts with standardised terms, rarely negotiable
Two common law controls on exclusion clauses
Two common law controls on exclusion clauses
Must be incorporated; will be construed by courts
Timing rule for incorporating exclusion clauses
Timing rule for incorporating exclusion clauses
Must be brought to attention before or at time of contract
Effect of introducing clause after contract formed
Effect of introducing clause after contract formed
Unenforceable, regardless of how reasonable it is
Two methods of incorporating exclusion clauses
Two methods of incorporating exclusion clauses
By signature or by notice/knowledge
Effect of signing a contract with exclusion clause
Effect of signing a contract with exclusion clause
Bound by all terms, even if not read
