The Jugger (Parker #6) Not many men knew what Parker did for a living, because what he did was steal. But Joe Sheer, a retired safecracker â also known in the business as a jugger â knew. He knew Parkerâs alias, his whereabouts, his plansâ¦ and because he knew too much, he knew to keep his mouth shut.
Before you understand the importance of contractual liability insurance, you should first understand the legal definition of contractual liability. Contractual liability is liability that you assume on behalf of another party as a result of a contractual agreement. You might have heard it called a âhold harmlessâ clause in some legal settings.
In a legal context, a liability is generally a responsibility to compensate for some failure to perform according to an established or agreed-upon stipulation. Because there is an element of risk inherent in most business agreements, limitation of liability clauses are common in all areas of contract law.