Karten 42 Karten
Lernende 5 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 28.12.2019 / 23.05.2020
Lizenzierung Keine Angabe
0 Exakte Antworten 42 Text Antworten 0 Multiple Choice Antworten
Fenster schliessen

What is a Penalty?

For Example:
Any delay with the delivery of an industrial plant causes considerable damage to the customer. Therefore, the contractor often is obliged to pay a penalty for each day he is late in the delivery of it.

Fenster schliessen

What are limitations of liability?

Limitations set in the contract to exclude any unappropriate damages

  • simple negligence (of an employer)
  • loss of profit
  • etc.

Personal injuries cannot be excluded.
Breach of warranty, termination, reduction of price, claim for remedy of a defect or the contract cannot be covered