Question: Commercial bailees generally try to minimize their liability in a standard form contract. They justify these low limits as a means of controlling risk and

Commercial bailees generally try to minimize their liability in a standard form contract. They justify these low limits as a means of controlling risk and keeping their prices competitive. Is there a market opportunity for more generous liability terms? For example, could a storage business increase market share by accepting a greater risk of liability than its competitors and charging a higher price?

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