Using a contract, how do you suppose a business can protect itself from tort liability?
Tort law liability - Tort is a legal term for referring to the violation where one person causes damage to the other person, the violation may result from intentional actions etc.
In such cases the first provision that is considered by the court is the contract and its interpretation between the two or more parties involved. Court considers that even a crime committed after taking the permission is not a breach of law and hence the contract is highly and primarily preferred document.
In a contract if it is mentioned that if the party is not liable to any liability but is entitles to every share of asset, it cannot be challenged in the court. Due to these provisions there are different types of companies acts and are laws are created, for the further convenience their are different types of registrations given for the registration of the companies under law.
So, contract plays an important role in safeguarding from law suites.
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Using a contract, how do you suppose a business can protect itself from tort liability?
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