Legal Literacy - Have you ever lost something in a parking lot? You must have seen the sentence "Any form of loss is not the responsibility of the parking management" on the parking ticket. But, is that sentence valid? Is the parking manager allowed to include such a sentence?

Let's discuss together about standard agreements containing exoneration clauses, such as the sentence on the parking ticket.

Before discussing further, let's first understand the basics of agreements, such as the definition of an agreement and the conditions for the validity of an agreement.

Definition of Agreement

An agreement is an agreement made by two or more parties, either orally or in writing, to bind themselves and do something. This agreement contains written or oral agreements that are agreed upon by all parties and must be obeyed.

An agreement can also be interpreted as a legal relationship regarding property between two parties. One party promises or is deemed to promise to do something, and the other party has the right to demand the fulfillment of that promise.

According to Article 1313 Civil Code, an agreement is a legal relationship between two legal subjects (people or legal entities) in the field of assets. One legal subject has the right to performance (fulfillment of a promise), and the other legal subject is obliged to carry out the performance in accordance with…