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Abstract

There are numerous risks that are apparent in any business deal, however, outsourcing by its nature creates additional risks that need to be assessed and apportioned in the contract. This chapter discusses the terms of the contract, disclaimers, subcontract provisions, privity of contract and general issues of insurance and force majeure.

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References

  1. Treitel defines a contract as: “an agreement giving rise to obligations which are enforced or recognised by law. The factor which distinguishes contractual from other legal obligations is that they are based on the agreement of the contracting parties.” G.H. Treitel, the Law of Contract, 10th Edition, Sweet & Maxwell, London, 1999.

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  2. Allocating risks in Outsourcing, by George Kimball.

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© 2007 Springer-Verlag Berlin Heidelberg

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(2007). Allocation of risk into the contract. In: Outsourcing to India — A Legal Handbook. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-72220-5_7

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