Disclaimer
A statement/notice informing the user of any product or service of the possible consequences of the same.
Description
Benefits of a Disclaimer
Minimizes Liabilities
Disclaimers secure the power of the individuals involved for example the buyer and the seller, in any lawfully identified alliance. A good disclaimer can limit liabilities by minimizing legal risks.
Helps Avoiding Unnecessary Lawsuits
A disclaimer is commonly stated in circumstances consisting of a definitive element of liability or ambiguity. In such instances, a good disclaimer specifically details the rights and liabilities of the user and the seller.
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