Which aspect does the limitation of liability NOT cover?

The limitation of liability typically addresses the types of damages for which a party can be held responsible in a contract. Limitations often specify that parties will not be liable for damages that exceed a certain amount or for specific categories of damages.

Direct damages are typically those that directly result from a breach of contract or a wrongful act. They are calculable and fairly predictable based on the terms of the contract and the expected outcomes. In many situations, limitations of liability may specify that parties are responsible for direct damages because they are integral to fulfilling contractual obligations.

In contrast, other categories such as consequential, punitive, and indirect damages typically fall outside the scope of responsibility that a party might agree to in a limitation of liability clause. Thus, direct damages remain as a key component of most liability considerations, and this is why they are not covered under such limitations in typical cases.