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Benefits of Contracts in Managing Your Liability and the Liability of Subcontractors

Benefits of Contracts in Managing Your Liability and the Liability of Subcontractors

Joint Efforts Can Lead to Joint Liability In our interconnected world, companies work with other companies to receive and deliver products and services. Such relationships are generally productive and mutually beneficial. However, in the unfortunate event a third party suffers harm or losses associated with these collaborative efforts, liability issues can become complicated. In such cases, the legal system supports recovery from all parties deemed responsible to compensate the plaintiff. While legal arguments and theories vary, two common threads exist: 1. If you can be connected to damage or injury, you may be held legally accountable. You would therefore need… Read more »

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