Question: Twin Falls and Olson enter into a contract whereby Olson is going to jump over the Snake River Canyon in consideration of Twin Falls paying

Twin Falls and Olson enter into a contract whereby Olson is going to jump over the Snake River Canyon in consideration of Twin Falls paying him $15,000. The contract provides that neither party will be liable to the other for consequential damages or punitive damages. Is a court likely to enforce this limitation of liability? Why or why not?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!