Disclaimer
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Disclaimer
A disclaimer is a statement/notice informing the user of any product or service of the possible 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 (the warnings displayed on cigarettes are a prime example), but are used commonly in all product and service literature. A disclaimer helps to clearly establish/limit one’s rights and liabilities with respect to the user of a particular product or service. It is used in situations which involve an element of risk or uncertainty.
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Advantages of a Disclaimer
Reduces Risk
Disclaimers protect the rights of both parties in any legally recognized relationship such as the one between a manufacturer and consumer. A well-drafted disclaimer can go a long way in avoiding ambiguity and minimizing legal risks.
Limits Liability
A disclaimer is generally used in situations involving a certain element of risk or uncertainty. For such cases, a well-drafted disclaimer clearly outlines the rights and liabilities of both parties.
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