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Guarantee: Difference between revisions
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==Components of a [[guarantee]]== | ==Components of a [[guarantee]]== | ||
There's a saying in legal circles: | There's a saying in legal circles: [[anus matronae parvae malas leges faciunt]]: ''little old ladies make bad law''. | ||
In the history of the common law, more little old ladies than | In the history of the common law, more [[little old ladies]] than you’d expect seem to have given [[guarantee]]s.The common law is therefore littered with well-meaning judgments applying (and, frankly, making up) idiosyncratic, counter-intuitive and at times plainly stupid rules just to let little old lady-guarantors off the hook. | ||
This means it is a minefield for lawyers. You know what you find in mines: GOLD. So a guarantee is a place, like no other, where you need | This means it is a minefield for lawyers. You know what you find in mines: GOLD. So a guarantee is a place, like no other, where you need {{tag|magic words}}. Some of those are explained below. | ||
===[[Continuing guarantee]]=== | ===[[Continuing guarantee]]=== | ||
{{Continuing guarantee description}} <br /> | {{Continuing guarantee description}} <br /> | ||