Legal issues can be tricky, but few would argue that a basic understanding of the law and how it applies to daily business practices is one of the elemental steps to success. The industry's top five legal concerns are liquidated damages, indemnification provisions, automatic renewal provisions, implied warranties, and dealer relationships. Here's how each can be handled.
However, exculpatory clauses are not absolute and they do not protect the alarm company in all instances. Generally speaking, courts will not enforce these clauses if your customer suffers losses because your conduct was intentional, reckless, fraudulent or illegal. Companies should recognize that although such clauses cover most losses they are not protected from all losses and their goal should be to make the language of the clause as inclusive as is permitted in each jurisdiction. To make sure that the clause will be enforced companies should consider the following: