No. 14,397 in Korean
무소구조건
"무소구조건" means "unconditional forgiveness."
In a sentence
이 계약은 무소구조건으로 작성되었습니다.
This contract has been drafted under a no-recourse condition.
The word '무소구조건' here refers to a condition in a contract that limits compensation or damages sought due to non-performance or misunderstandings.
자산 매각 시, 무소구조건이 적용될 수 있습니다.
When selling assets, a no-recourse condition might be applied.
In this sentence, '무소구조건' is used in financial transactions, specifying a condition to allocate risk during asset sales.
무소구조건의 중요성은 분쟁을 방지하는 데 있습니다.
The importance of a no-recourse condition lies in preventing disputes.
Here, '무소구조건' explains its purpose and application, emphasizing its role in reducing legal disputes.
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