Contracts Was Clause Samples

The "Contracts WAS" clause defines the terms and conditions under which a contract is considered to be "With All faults and Shortcomings" (WAS). This means that the goods or services provided under the contract are accepted by the buyer in their current condition, with no warranties or guarantees regarding quality, fitness, or defects. In practice, this clause shifts the risk of any faults or deficiencies in the goods or services to the buyer, who cannot later claim compensation for issues that were present at the time of delivery. The core function of this clause is to allocate risk clearly between the parties, protecting the seller from liability for pre-existing defects and ensuring that the buyer is aware of and accepts this risk.