Warranty

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Revision as of 15:49, 30 May 2013 by Doug Williamson (Talk | contribs) (Added second meaning, following research in Oxford Dictionary of Law, 7th Edition 2009.)

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1.

A term in a contract containing the statement of a fact (or occasionally an opinion) by the warrantor which reflects an important basis upon which the parties to the agreement have entered into that agreement.


2.

A guarantee.


See also