Exclusion clauses Flashcards
1
Q
What is meant by an exemption clause?
A
Excludes liability all together.
2
Q
What is meant by a limitation clause?
A
Restricts Liability.
3
Q
Common example of an exemption clause?
A
‘we do not accept liability at all’
4
Q
Common example of a limitation clause?
A
‘we accept responsibility for losses up to £500’