Legal English Challenge 2024 – Day 13
Read the short text about disclaimers and waivers, then select the correct option from the list to complete (1) ….. to (10) ….. .
Disclaimers and waivers are legal tools used to limit or ___1___ parties from certain liabilities or obligations.
Disclaimer clauses are contractual provisions that aim to limit, exclude, or modify certain rights, warranties, or liabilities that would ___2___ be implied by law due to the use of the defined information, products, services, or activities. These clauses are frequently used to manage expectations, define the scope of responsibilities, and mitigate potential legal risks. Common types of disclaimers include those related to ___3___ (fitness for a particular purpose, merchantability), ___4___ of information, potential risks, or the ___5___ of professional advice. Disclaimers are commonly found in contracts, terms of service, product packaging, and informational materials.
A waiver clause, also known as a waiver of rights is a voluntary and intentional ___6___ of a known right or claim against the other party under specific circumstances. It is typically a written document or ___7____ within a contract where one party agrees to give up specific rights or releases the other party from certain liabilities. Waivers are commonly used in situations involving personal ___8___, sports activities, recreational events, or other activities where there is a risk of harm.
While both disclaimers and waivers are generally ___9___, courts may closely scrutinize such clauses, especially if they are deemed one-sided, unconscionable, or against public policy. The enforceability of these clauses may be strengthened if there is a clear bargained-for ___10___, where the parties have freely negotiated and agreed upon the terms, and each party has received something of value in return.
Now, press the START button to select the correct option from the list to complete (1) ….. to (10) ….. .
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