Look up: Warranties


  1. Warranties
    promises made in a contract, but which are less than a condition. Failure of a warranty results in liability to pay damages (see the financial terms below) but will not be a breach of contract unlike failure of a condition, which does breach the contract.
    Found op http://www.businessballs.com/businesscontractstermsdefinitionsglossary.htm

  2. Warranties
    • (pl. ) of Warranty
    Found op http://thinkexist.com/dictionary/meaning/warranties/

  3. Warranties
    Statement attesting that certain statements are true. For instance, the borrower may warrant that it is a corporation, that it is entering into the agreement legally and that financial statements supplied to the bank are true.
    Found op http://www.gdrc.org/icm/loan-glossary.html

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