New Hampshire Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision

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This form provides boilerplate contract clauses that outline the remedies available to the parties both under and outside the terms of the contract agreement.

New Hampshire Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision are important legal concepts that aim to ensure fairness and efficiency in resolving legal disputes. These provisions govern the available remedies, the choices an injured party can make, and the potential accumulation of remedies in civil cases within the state of New Hampshire. Limitation of Remedies: In New Hampshire, the Limitation of Remedies refers to the restrictions on the type and amount of compensation that a party can seek for damages caused by another party's actions or omissions. These limitations typically apply to specific areas of law or industries and are defined by statutes or precedent. For instance, in product liability cases, New Hampshire follows the principle of strict liability, which limits the remedies available to the injured party to compensation for actual damages rather than punitive damages. Election of Remedies: The concept of Election of Remedies in New Hampshire allows an injured party or plaintiff to choose among various legal remedies available to address their grievance. This provision grants the injured party the power to select the most appropriate remedy based on their specific circumstances and desired outcome. Multiple remedies might be available for a single claim, such as seeking monetary compensation or equitable relief like injunctions or specific performance. By allowing the injured party to choose an appropriate remedy, the Election of Remedies provision serves to achieve fairness and flexibility in legal proceedings. Cumulative Remedies Provision: In certain cases, New Hampshire law may provide for a Cumulative Remedies Provision. This provision allows a plaintiff to pursue multiple remedies simultaneously, either within a single action or through separate legal proceedings. The Cumulative Remedies Provision recognizes that some legal claims may arise from the same set of circumstances or violations, and therefore, it permits the plaintiff to seek remedies from different legal theories or sources of law. For example, in a personal injury case, the injured party may choose to pursue claims for medical expenses through a negligence claim against the responsible party and simultaneously file for workers' compensation benefits if the injury occurred in the workplace. It is important to note that the specific types and applications of New Hampshire Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision can vary greatly depending on the area of law and the factual context of each individual case. Therefore, consulting legal professionals or referring to specific statutes and case law is crucial for obtaining accurate information and advice in any legal matter in the state of New Hampshire.

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FAQ

For example, a clause in a purchase agreement for a computer limiting damages to $1.00 would effectively deprive the buyer of any adequate remedy.

Accumulated rights are those that can be carried forward to future periods if not used in the period in which earned. Accumulated Rights Definition - AccountingExplanation.com accountingexplanation.com ? accumulated_r... accountingexplanation.com ? accumulated_r...

A typical cumulative rights clause might be as simple as this: ?Cumulative Rights: Any specific right or remedy provided in this contract will not be exclusive but will be cumulative of all other rights and remedies.? Do Your Business Contracts Need a "Cumulative Remedies ... San Diego Corporate Law ? Blog San Diego Corporate Law ? Blog

General Contract Clauses: Cumulative Remedies (with Exclusive Remedies Carve-Out) A Standard Clause stating the parties' intention to express rights and remedies set out in the agreement are cumulative and in addition to any other rights or remedies provided by law or equity, and not in substitution for them.

Each right, remedy and power hereby granted to the Beneficiaries or allowed it by applicable law or other agreement shall be cumulative and not exclusive of any other, and may be exercised by the Beneficiaries at any time or from time to time.

Often, however, the limitation of remedy clauses limits the types of remedies you can pursue. Remedies for contract breach include monetary damages, attorney's fees and costs, cure first provision, binding arbitration, and injunctive relief.

Standard Clause stating the parties' intention that express rights and remedies set out in the agreement are cumulative and in addition to any other rights or remedies provided by law or equity, and not in substitution for them. General Contract Clauses: Cumulative Remedies (with Exclusive ... thomsonreuters.com ? ... thomsonreuters.com ? ...

Remedies Not Exclusive: The remedies for breach set forth in this Contract are cumulative as to one another and as to any other provided by law, rather than exclusive; and the expression of certain remedies in this Contract does not preclude resort by either party to any other remedies provided by law. Remedies Not Exclusive Definition | Law Insider lawinsider.com ? dictionary ? remedies-not-... lawinsider.com ? dictionary ? remedies-not-...

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The provisions of this section shall be deemed as cumulative and in addition to any other provisions of this chapter relating to the collection of ... This page contains Cumulative Remedies clauses in business contracts and legal agreements. ... No remedy or election hereunder shall be deemed exclusive but ...by RR Anderson · 1988 · Cited by 17 — Part III will examine the circumstances in which an initially valid remedy limitation will be found by the courts to have failed under subsection (2). Part IV ... Sep 17, 2018 — Today, I'll limit myself to considering one instance of fat, the “cumulative remedies” provision. You know the sort of thing. Here's a random ... (2) Where circumstances cause an exclusive or limited remedy to fail of its essential purpose, remedy may be had as provided in this chapter. (3) Consequential ... when a seller lies - public policy will not permit a contractual provision to limit the remedy of the buyer to a capped damage claim [and] the buyer is free ... Separate topics related to damages and other remedies were presented to outline potential damage issues, followed by citations to language in Restatements, ... Apr 27, 2018 — In this statutory-construction case, we must interpret the damages-cap and election-of- remedies provisions of the Texas Tort Claims Act (TTCA) ... (g) Each of the rights and remedies herein provided are cumulative and not exclusive of any rights or remedies provided by law or in the Lease or this Guaranty. The remedies herein provided are cumulative and not exclusive of any remedies provided in law or equity. ... 1333 New Hampshire Avenue, N.W.. Washington, DC 20036.

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New Hampshire Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision