Limitation of Liability Clauses in Supply Chain Contracts

Quelle: https://www.investopedia.com/terms/l/limitation-of-liability.asp

TL;DR

Limitation of liability clauses in supply chain contracts are contractual provisions that cap or exclude a party's liability for certain types of losses or damages arising from the performance or breach of the agreement. They specify maximum amounts or categories of damage for which the parties may be held responsible, thereby allocating risk between the contracting parties in supply chain …

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