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Bangkok Post, Thailand, To The Point Column.
Dec. 1--Stop! Turn around! Is your backside covered? In business deals, this is always a vital question. Price may be important but another important issue is liability, or more specifically, the limitation thereof.
You may have heard the terms "disclaimer clauses" or "limitation of liability clauses". There are legal differences between them, but for this article, we will consider them together since the primary object of such clauses is the same -- to protect the seller.
Limitation clauses are important because their presence or absence may either protect or jeopardise a company's financial health. We come across limitation clauses every day. Say if we go to a car park, we may see signs saying, "Management not responsible for theft". Similarly, in larger commercial transactions, ...
- IT Contracts and Liability Limitation Clauses.(Agreement between Cegid and...
- News wire article from: Mondaq Business Briefing November 11, 2002 700+ words
In a decision given on 15 May 2001, the French Supreme Court, "Cour de cassation", refused to enforce a liability disclaimer clause inserted in an IT provider agreement. In this matter an IT provider, Cegid, whose main activity is software publishing, entered into an agreement with Samino, a
- Bangkok Post, Thailand, To The Point Column.
- Newspaper article from: Knight Ridder/Tribune Business News December 1, 2003 700+ words
...or negligence of the seller. When considering compensation...and try to hold the seller responsible for all...On the other hand, sellers will want to ensure...their control. To a seller, limitation clauses are an important risk...
- Seller beware: you must proceed with caution. (real estate sellers)(Special...
- Magazine article from: San Diego Business Journal Bright, David S. November 3, 1997 700+ words
...requires most sellers of single-family...disclosure by the seller regarding the...legislatively required seller's disclosures...all inclusive. Sellers may also be required...to "let the seller beware." It means that sellers have to take extreme...
- Sellers puzzle to Bulls
- Newspaper article from: Chicago Sun-Times Lacy J. Banks April 19, 1989 700+ words
Brad Sellers is a player with so much talent he doesn...into the paint and kick some butt?" Sellers is not fazed by his critics. He's even...courage and kicked him out of practice. Sellers remains indecisive, complacent and carefree...
- Should Seller Allow Visits From Buyer?
- Newspaper article from: Chicago Sun-Times Ilyce R. Glink July 24, 1994 700+ words
...check on work that the seller has agreed to do before...one set of buyers and sellers in Chicago. The seller's town house has a...draperies and such. The seller's attorney flat...rejected the request. Some sellers don't have a problem...
- eBay Sellers Access 3rd-Party Applications Within My eBay for the First Time.
- Press release article from: Business Wire August 17, 2009 700+ words
...launch of the company's Top-rated seller status, which is awarded to sellers that are ranked highly by their buyers through eBay's detailed seller-ratings feedback system. * Sellers can access the applications directory...
- Sellers Must Reveal Troubles - or Else // Law Protects Buyers From Known Defects
- Newspaper article from: Chicago Sun-Times Deborah Leigh Wood October 9, 1994 700+ words
...buyers make against sellers. Real estate agents...of a buyer-seller dispute, said George...Springfield. The sellers disclosure act defines...occupants, unless the seller believes the condition...was to assuage the sellers' guilt a bit. But...conceivably, a seller could lie about ...
- Sellers believes he's due for raise; Pro Bowl pick last link to '99.(SPORTS)
- Newspaper article from: The Washington Times (Washington, DC) August 5, 2009 700+ words
...David Elfin, THE WASHINGTON TIMES Mike Sellers, once an NFL wild child, never figured...in the top-10-paid fullbacks, said Sellers, who skipped the voluntary portion of...Cerrato declined comment on whether he and Sellers' agent, Drew Rosenhaus, are negotiating...
Source: HighBeam Research, Bangkok Post, Thailand, To The Point Column.