Exemption Clause

Exemption Clause Each time a person travels on a bus, train or an airplane, buys a washing machine, computers, etc., or deposits good in a railway locker or even going to a concert, he will bid a standard form contract. There are 2 kinds of standard form contracts which is ph genius line acts and consumer transactions Business transaction is one that regulates dealings between people in business for example building contracts and etc. While consumer transaction is one which is the result of concentration of particular kind of business in relatively few hands, for example, hire purchase agreement and insurance contracts. The party delivering the standard form contract may barge in certain clauses in the contract unfairly exempting him from certain liabilities at common law. These clauses may appear in printed tickets, notices or emolument which are brought to consumers attention at the time of the agreement. The Malaysian Courts develop followed English common law regarding this as the Contracts Act 1950 contains no provision dealing with immunity clause. Definition of Exemption Clause An exemption clause is a term of a contract which get rid of a person or the defendant liability for his or her breach of contract. The effect of exemption clause is that the plaintiff postulate no right to claim for damages or wages for the loss suffered.

An example of exclusion clause is in the instance of Premier Hotel v Tang Ling Seng which stated The hotel will not assume responsibility for valuables or money lost from the agency Or In the case of Chin Hooi Nan v world-wide Auto Restoration Service which stated The company is not apt(p) for any loss or damage whatsoever of or to the vehicle, its accessories or contents. Vehicles and goods are at owners risk. An usage Of Exclusion Clause in Concert Ticket Whether an exemption clause... If you want to get a full essay, order it on our website: Orderessay

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