Contract Law

The 15% Clause That Backfired โš–๏ธ


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๐Ÿ›๏ธ When Legal Fine Print Goes Too Far

๐ŸŒŸ Imagine taking your brand new saree to the dry cleaner, only to have it disappear forever. But here's the twist - the receipt says they only owe you 15% of its value if anything goes wrong. Sounds unfair? The courts thought so too!

๐Ÿ’ก What You'll Discover:

  • ๐Ÿ” Why using 'shall' everywhere in contracts can actually weaken them
  • โš–๏ธ The delicate balance between strict terms and practical enforceability
  • ๐ŸŽฏ How to build flexibility into rock-solid agreements without losing protection
  • โœจ The 8-step process for creating contracts that actually work in real life

๐Ÿš€ Real Cases Discussed:

  • ๐Ÿ’Ž Lily White vs. Munnu Lal (Dry Cleaner Case) - How a 15% liability clause was struck down for being unreasonable and encouraging negligence

๐Ÿ› ๏ธ Practical Contract Drafting Secrets:

  • ๐Ÿ“ Smart use of qualifiers like 'reasonably' and 'material' to add flexibility
  • โšก The crucial difference between 'shall' (must do) and 'may' (can choose to do)
  • ๐ŸŽฏ How to anticipate real-world problems before they derail your agreements
  • ๐Ÿ”ง When to include exceptions for 'wear and tear' and force majeure events

๐ŸŽ™๏ธ This episode transforms how you think about contracts - from rigid legal documents to practical tools that protect everyone fairly while actually working in the messy real world!

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Contract LawBy Sharad Bansal