Obligations binding: Difference between revisions

Obligations binding (view source)

676 bytes removed , 16 September 2023

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-{{repanat|Obligations binding}}A representation that transgresses the very first rule of [[representations and warranties]], which is that they are meant to be about matters of private fact, known to the representor but not the representee, but which the representee cares a lot about, but about which the unqualified, unwashed representor can safely make an assertion.
+{{repanat|Obligations binding|
+{{image|Binding|jpg|}}
-Matters of law — which these unquestionably are — are neither matters of private fact — a contract is either valid and binding  on one party or it isn’t; it isn’t the sort of thing that party can conceal from the other one — nor matters of fact at all, but matters of law.
+}}{{Obligations binding as a representation}}
-The person who can attest to these is a special fellow. A boy wizard. A legal eagle. If you want to know whether your agreement is binding, don’t ask the counterparty; ask your lawyer.
+{{rep obligations binding}}
 {{sa}}
-*Obligations binding under the {{isdama}}
+*{{isdaprov|Obligations Binding}} [[representation]] under the {{isdama}}
+{{ref}}