Contract Law - Chapter 5: Exclusion Clause (Degree - Year 1)
An exclusion clause is a term in a contract which seeks to exclude or limit the liability of one of its parties.
In theory the parties to a contract are free to choose their own contractual terms and are then bound by these terms. However, in certain circumstances, the courts (common law controls) and the Parliament (statutory controls) may control these clauses, to prevent "unfair" contracts!
