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A Clarified Approach to Exclusion Clauses in Contracts for Sale of Goods - Vimarsana News

A Clarified Approach to Exclusion Clauses in Contracts for Sale of Goods

Exclusion clauses are a common feature of agreements of purchase and sale and other commercial contracts. While often subject to negotiation, parties sometimes proceed with standard form exclusion clauses that may inject uncertainty into what claims or implied statutory obligations are excluded from the parties' agreement. In the event of a later dispute, the scope and import of the exclusion clause will be of considerable importance.