|
|
(8 intermediate revisions by the same user not shown) |
Line 1: |
Line 1: |
| {{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 about which the representee cares a lot about, and might colour its view of entering the {{t|contract}} in the first place. Since the representee knows these things, and they’re just facts, it can safely make representations about them to the representee to make it feel better.. | | {{repanat|Obligations binding| |
| | | {{image|Binding|jpg|}} |
| There are no such matters of private fact here: a contract is either valid and binding on a party or it isn’t; it isn’t the sort of thing that party can conceal from the other one. No; whether a contract is valid and binding is ''not'' a question of fact at all: it’s a question of ''law''.
| | }}{{Obligations binding as a representation}} |
| | |
| It, therefore, requires an ''[[opinion]]'', from one qualified to give such an opinion. 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 [[legal]].
| |
|
| |
|
| | {{rep obligations binding}} |
| {{sa}} | | {{sa}} |
| *Obligations binding under the {{isdama}} | | *{{isdaprov|Obligations Binding}} [[representation]] under the {{isdama}} |
| | {{ref}} |