Easy connections. 10kg handbag Personal entertainment system Stopover in Iceland Seat Selection Great on-time performance Trusted for 80 years Icelandair Service Center Tel: +44 (0) 20 7874 1000 dial 1 Chat with us on Facebook messenger Contact us through Twitter
A limitation of liability clause is a provision in a contract that limits the amount of exposure a company faces in the event a lawsuit is filed or another claim is made. If found to be enforceable, a limitation of liability clause can cap the amount of potential damages to which a company is exposed. The limit may apply to all claims arising during the course of the contract, or it may apply only to certain types of causes of action.
1 1. Exclusion and Limiting ClausesINTRODUCTIONA clause may be inserted into a contract which aims to exclude or limit one partys liability for breachof contract or negligence.