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This is why so often you see that most laborious of constructions: “[[representations and warranties]]” — the combination giving the wronged party the maximum possible range of remedies. | This is why so often you see that most laborious of constructions: “[[representations and warranties]]” — the combination giving the wronged party the maximum possible range of remedies. | ||
'''[[Promise]]''': This, in ''Horton Hatches the Egg'' terms, is what you meant when you said, and what you said when you meant. A [[promise]], if [[offer|offered]], [[accepted]] and accompanied by [[consideration]], is your legally binding obligation under a [[contract]]. | '''[[Promise]]''': This, in ''Horton Hatches the Egg'' terms, is what you meant when you said, and what you said when you meant. A [[promise]], if [[offer|offered]], [[acceptance|accepted]] and accompanied by [[consideration]], is your legally binding obligation under a [[contract]]. | ||
'''{{tag|Undertaking}}''': An {{tag|undertaking}}, in a contractual context, is really no different from a [[promise]] (though a [[solicitor’s undertaking]] is a quite different thing). You might characterise it as a specific promise to ensure that someone ''else'' does something (rather than the person making the promise itself), but it isn’t generally used that way. | '''{{tag|Undertaking}}''': An {{tag|undertaking}}, in a contractual context, is really no different from a [[promise]] (though a [[solicitor’s undertaking]] is a quite different thing). You might characterise it as a specific promise to ensure that someone ''else'' does something (rather than the person making the promise itself), but it isn’t generally used that way. |