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- W2505774944 abstract "Obligation as a result of legal relation is undertaking of performance by obligor in favor of oblige, and responsibility results from breach and failure to fulfill the former valid obligation. The obligation is eliminated in exception clause and the obligor is not bound, but in exemption clause, just the responsibility which results from the breach and failure to fulfill the obligation is discharged while the obligation itself remains and the obligor is bound. These clauses are sorts of stipulation and obey its regulations. Exemption clause can be seen in the form of condition of performance or corollary condition, but exception clause is generally used in the form of condition of description which describes quality or quantity of obligation(s) arising from contract. The exemption clause and exception clause may have different forms." @default.
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- W2505774944 date "2016-09-06" @default.
- W2505774944 modified "2023-09-26" @default.
- W2505774944 title "Distinction between exception clause and exemption clause" @default.
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