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.
A limitation of liability clause is a provision in a contract that limits the amount of exposure a company faces in the event a lawsuit is filed or another claim is made. If found to be enforceable, a limitation of liability clause can cap the amount of potential damages to which a company is exposed. The limit may apply to all claims arising during the course of the contract, or it may apply only to certain types of causes of action.