Representation: Difference between revisions

Jump to navigation Jump to search
no edit summary
No edit summary
No edit summary
Line 8: Line 8:
You must answer this firmly, along the following lines:
You must answer this firmly, along the following lines:


No-one is asking you to assume personal liability for your {{t|principal}}’s obligations. We are asking the ''{{t|principal}}'' to assume liability for them. It is the principal’sresponsibility under the {{t|contract}}. Ordinarily, of course, we would ask the principal directly, but it didn’t show up, and sent you instead. So, we are asking you to communicate these representations on your principal’s behalf.
“No-one is asking you to assume personal liability for your {{t|principal}}’s obligations. We are asking the ''{{t|principal}}'' to assume liability for them. It is the principal’s responsibility under the {{t|contract}}. Ordinarily, of course, we would ask the principal directly, but it didn’t show up, and sent you instead. So, we are asking you to communicate these representations on your principal’s behalf.


Now, you might say you don’t know whether these representations are true, or that you are not sure whether you are authorised to make them on your client’s behalf. But think twice before admitting that because, really, you ''should'' have asked or, better still, explained to your client that a condition of signing master trading agreements is that you will have to make uncontroversial representations about your own capacity, authority, competence and sanity.
“Now, you might say you don’t know whether these representations are true, or that you are not sure whether you are authorised to make them on your client’s behalf. But think twice before admitting that because, really, you ''should'' have asked or, better still, explained to your client that a condition of signing master trading agreements is that you will have to make uncontroversial representations about your own capacity, authority, competence and sanity.


If you are still not comfortable proceeding, the answer is not to do without the representations: it is to do without the master trading agreement.  
If you are still not comfortable proceeding, the answer is not to do without the representations: it is to do without the master trading agreement.  
So what’s it going to be, punk?<ref>You might think about leaving that last line out, but 10/10 for style if you do decide to use it.</ref>


===What’s the diff...===
===What’s the diff...===
Line 25: Line 27:
*[[Undertaking]]
*[[Undertaking]]
*or you could cut to the chase and go straight to [[Promise]]
*or you could cut to the chase and go straight to [[Promise]]
{{ref}}

Navigation menu