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What are indirect and consequential losses?

Wording excluding liability for “indirect or consequential losses” frequently appear in contracts. The familiarity of such wording tends to encourage acceptance and to obscure the fact that its meaning may be uncertain. What exactly does “indirect” or “consequential” mean in legal terms and how are they to be distinguished from Read more…

By Anthony de Winton, 9 years2013-10-14 ago
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