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Exemption clause

A clause put into a contract, particulariy a contract for the sale of goods, excluding the vendor from liability for breach of condition, or warranty, or both. The law is not sympathetic towards exemption clauses, and if they are to be effective they must be carefully to be effective they must be carefully conditions will not exempt express conditions; a clause exempting conditions will not apply to warranties.

Reference: The Penguin Business Dictionary, 3rd edt.