The Science Of ...

How to (legally) avoid responsibility for the loss of another

The Consumer Protection Act has strict measures for how to bring indemnity to a consumer’s attention.

Stephen Logan, Logan Attorneys

Indemnity - in terms of the Consumer Protection Act - has to be reasonable.

Stephen Logan, Logan Attorneys

It’s absolutely a good idea to say ‘no, I don’t agree to the terms and conditions’.

Stephen Logan, Logan Attorneys

Indemnity is the commitment by a person, or entity, to compensate for a loss of another.

It forms the basis of many insurance contracts.

In other words; “indemnity” refers to an exemption from liability.

The Money Show’s Bruce Whitfield interviewed Consumer Law Specialist (Logan Attorneys) Stephen Logan for his weekly “The Science Of” feature.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

Most people don’t read the terms, so it’s easy to slip in some limitation in terms of liability.

Stephen Logan, Logan Attorneys

There’s often unequal negotiating power.

Stephen Logan, Logan Attorneys

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Article brought to us by Old Mutual.


This article first appeared on 702 : How to (legally) avoid responsibility for the loss of another


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