Choosing a contractor or a vendor is difficult for both consumers and businesses alike. Often, a written contract is required and the terms of the contract are rarely easily understandable by ...
In every contract parties try to limit their liability. As a result, drafters put in very broad limitations of liability, which, up to a point, are fine and should be used. However, problems arise ...
Limitation of liability clauses (“LOLs”) have been used for years to effectively limit the potential liability of design professionals, contractors, and others performing construction-related services ...
Imagine this. It’s the middle of busy season. You have clients to see, work to do, and deadlines to meet. Someone in the reception area wants to speak with you. You figure it’s just another client ...
Discover how exculpatory clauses relieve contract liability, their practical use cases, and the limits of their enforceability in agreements.
The limitation of liability is one of the most important clauses in a software license agreement because it limits the amount and types of damages one party can recover from the other party. For ...
It is vital for businesses to understand limitation-of-liability clauses in vendor contracts, especially when recovering damages from a cybersecurity breach. Here is insight into these clauses, ...
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