L6M5 practice question 15 of 15

Liability limitation often focuses on which of the following types of loss, which is said to be the most unpredictable and most significant in the case of a default on a contract?

Full set: 83 questions
Answer options
A: repudiatory
B: anticipatory
C: direct
D: consequential Correct answer
Correct Answer:
D. consequential
Explanation

Consequential loss is considered the most unpredictable and significant, hence it is often the focus of liability limitations.

Scroll to Top