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[UK] Business Contracts...

Replies: 2 — Last Post Oct. 30, 2008 7:43pm by Light Assassin

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( August Rush )

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I am thinking about setting up a business as a sole trader and I was wondering whether its against the rules for me to exempt myself from liability through loss of service by clearly declaring that I would have limited liability for things out of my control and with the exception of negligence I would not be expected to cover damages or costs encored as a result of loss of service.

Any lawyers here know what im on about?

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Keego05

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A sole trader cannot have limited liability, but if you go through the right routes and declare your self a company you can.
Or you could create a partnership and draw up an agreement that puts all the blame on the other person.

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7:43 pm on Oct. 30, 2008 | Joined: Sep. 2007 | Days Active: 434
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