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Unless properly controlled, a "bottom-up" budgeting process can lead to:
Negligence Liability
Legal responsibility for harm caused by failing to act as a reasonable person would under similar circumstances.
Fine Print
Small text or details in a contract or agreement that are often overlooked but can contain important legal obligations or information.
Exculpatory Clause
A contractual provision that relieves one party from liability for harm caused during the execution of the contract, within the limits of the law.
Strict Liability Clause
A legal principle that holds an individual or entity responsible for their actions or products, regardless of negligence or intent.
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