Friday, October 19, 2007

Terms of Service - Limitation of Liability

It should come as no surprise that most terms of service will have a limited liability provision that caps the amount owed to the user in the event the service provider fails to live up to the terms of service. Take a glance at this section to be comfortable that you as the user may only be able to get up to the amount of any monetary cap if a dispute arises with the service provider. If at all possible to cap your damages as well, in the event you do not live up to the terms of service, that could at least set you both at a level playing field.

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