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Allocating and controlling risks in commercial contracts
Practical Law UK Practice Note w-014-5148 (Approx. 27 pages)
Allocating and controlling risks in commercial contracts
This note explains how clauses in a commercial contract may be used to allocate and control the parties' risk exposure; it discusses obvious clauses such as limitation of liability and indemnities, and less obvious clauses such as boilerplate provisions. This note also examines the contractual risks faced by parties in a subcontracting arrangement.
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Resource ID w-014-5148© 2024 Thomson Reuters. All rights reserved.
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