A clause in a contract that places a limit on the amount of damages due from a breach is a limitation of liability clause.

Name: A clause in a contract that places a limit on the amount of damages due from a breach is a limitation of liability clause.
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A limitation of liability clause is a provision in a contract that seeks to limit the amount of damages that one party can recover from the other party in the event of a breach of contract or other wrongdoing.

A Clause in a Contract That Places a Limit on the Amount