Question: Mr . Oliver Williamson is a new first - time farmer with 1 0 t h grade education. He signs a contract for corn seed
Mr Oliver Williamson is a new firsttime farmer with grade education. He signs a contract for corn seed from a large agriculture corn distributor. The agriculture distributor is the only distributer in an area of miles. The distributor advertises its expertise in providing hardy genetic com seeds. The contract has a lot of legalese language including strict limitation of remedies provision. When his corn crops fail, he sues the corn seed distributor for consequential damages. The com seed distributor argues that the limitation of remedies provision excludes consequential damages. How should the court rule on whether to enforce the limitation of remedies contract provision.
The court should enforce the limitation of damages provision since Williams signed the contract.
The court should decide that under these facts, the limitation of remedies provision in the contract is unconscionable and thus does not preclude the remedies that Williams is seeking.
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