A disclaimer is a declaration/notice notifying the user of any product or service of the likely consequences of the same. The law mandates the display of a disclaimer in certain cases, such as where there is an inherent risk of harm to one’s health, for example, the warnings displayed on cigarettes is a disclaimer, but are used usually in all product and service literature.
A disclaimer aids to clearly establish/limit one’s rights and liabilities regarding the user of a particular products or services. It is used in situations which involve an element of risk or uncertainty.
Disclaimers protect the rights of both parties in any legally recognized relationship such as the one between a manufacturer and customer. A well-drafted disclaimer can go a long way in evading ambiguity and reducing legal risks.
A disclaimer is usually used in circumstances including a certain element of risk or ambiguity. For such cases, a well-drafted disclaimer clearly summarizes the rights and liabilities of both parties.
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In case of any changes to the agreement extra two days are required to deliver final one.
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