Types of Exclusion Clause
- True exclusion clause: The clause recognises a potential breach of contract, and then excuses liability for the breach. Alternatively, the clause is constructed in such a way it only includes reasonable care to perform duties on one of the parties.
- Limitation clause: The clause places a limit on the amount that can be claimed for a breach of contract, regardless of the actual loss.
- Time limitation: The clause states that an action for a claim must be commenced within a certain period of time or the cause of action becomes extinguished.
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