Types of Contract Clauses

Written by: Kira Systems

February 20, 2020

6 minute read

Discover some of the most common contract clauses, what they mean, and how they are used.

An exemption clause is a provision in a contract that limits the liability of one party. It applies in the case of breach of contract or contract default. Not all exemption clauses are the same. Three principal types exist: limitation clauses, exclusion clauses, and indemnity clauses.

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