A contract clause that provides the only remedy for breach is repair, replacement, or refund of the purchase price is invalid and unenforceable.

Question

Quizplus · Accepted Answer

Such a clause is generally considered a limitation of remedy clause and can be valid and enforceable if it is reasonable and not unconscionable under the Uniform Commercial Code (UCC) or applicable contract law, depending on the jurisdiction and the specifics of the contract and situation.

A Contract Clause That Provides the Only Remedy for Breach