Creekside Property Corporation enters into a contract with Delta Management Associates to manage and maintain Creekside’s apartment complex. Their contract provides that neither party can recover damages for a non-fraudulent or unintentional breach. This is
A. a limitation-of-liability clause.
B. an exculpatory clause.
C. an illegal clause.
D. a quasi contract.
Answer:A
Creekside Property Corporation enters into a contract with Delta Management Associates to manage and maintain Creekside’s apartment complex. Their contract provides that neither party can recover damages for a non-fraudulent or unintentional breach. This is
A. a limitation-of-liability clause. B. an exculpatory clause. C. an illegal clause. D. a quasi contract.