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Essay text:
Although these contracts are few in number it is not likely that SIT will be
able to effectively limit its liability in relation to them other than by obtaining insurance in relation to
its exposure under such contracts. There can be no guarantee that SIT will be able to obtain such
insurance. However, the Directors believe that the risk of warranty claims being made in relation to
such contracts is minimal due to the established quality and reliability of the underlying roofing and
photovoltaic components, as well as the reliability of the manufacturing process and adhesives which
SIT employs...
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