Dispute Resolution: Outline the process for resolving disputes, whether through arbitration, mediation, or litigation, and specify the governing law to provide clarity on conflict resolution.
Limitation of Liability: Define the extent of Blacktrade’s liability in various scenarios, ensuring transparency on limitations of responsibility for potential damages.
Governing Law: Clearly state the jurisdiction and governing law that will apply to the interpretation and enforcement of the Terms and Conditions, ensuring legal clarity.
Force Majeure: Include a clause that exempts Blacktrade from liability for unforeseen circumstances or events beyond its control, such as natural disasters or acts of war, providing legal protection.
Indemnification: Explain the user’s responsibility to indemnify and hold Blacktrade harmless against any claims, losses, or damages arising from their use of the platform, emphasizing user accountability.