Provisions in contracts may actually prevent future lawsuits from occurring.

Question

Quizplus · Accepted Answer

Provisions in contracts can include clauses such as arbitration agreements, limitation of liability clauses, and waiver of damages clauses, which can help prevent future litigation. By agreeing to these provisions, parties may give up their right to sue or be sued in court, and instead, resolve their disputes through alternative dispute resolution methods.

Provisions in Contracts May Actually Prevent Future Lawsuits from Occurring