Contract law assignment Essay Example | Topics and Well Written Essays - 3000 words - 1

Contract law assignment - Essay exampleOn most occasions, this clause tends to be unfair, partial and one-sided as the weaker party in the parallelism could not lay claim to damages or extra-contractual compensations when the Contract is close tohow broken.There are some legal cases that tend to demonstrate how the weaker parties, in recent years, have at least tried to fulfill that such exclusion clauses are incorporated into the contracts this report would investigate how such a clause may be included in a typical Irish legal case that involved variance over the commercial contract. A legal case study is used to better explain how this phenomenon full treatment out Analog Devices BV & ors v Zurich Insurance Company & anor.This case study is necessary in regularize to highlight the seriousness of exclusion clauses in contractual agreements. Which of the parties would feel cheated or be left to wear upon the huge losses? What is the nature and scope of the clause being exclu ded? Does it contain an element of insurance insurance coverage or health benefits scheme or pension system?The legal case of Analog Devices BV & ors v Zurich Insurance Company & anor2, decided upon at the Irish Supreme Court, is a typical case to substantiate how exclusion clause could result in a monumental loss for one of the parties involved.This is factual orbit to this case as presented by Baillii3 Analog Devices BV & ors had had engaged in the commercial activities of manufacturing, researching and designing of high implementation linear mix signal and digital integrated circuits that are used for several signal bear on applications. These activities were carried out at Raheen Industrial Estate in County Limerick. It is a known fact that twice a year the usual manufacturing operation is shut down in order to allow the maintenance team to work on the manufacturing plants. These annual maintenance arrangements often occur in the summer