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What is Contractual Terms: Conditions and Warranties about?
This document discusses contractual terms such as conditions, warranties, and promises. It aims to clarify definitions and distinguish between these terms. The key points made are: 1) Promises are undertakings by one party to act or forbear in a specified way and form the basis of contracts. Performance involves fulfilling the promise while breach is non-performance. 2) Limitations define how a promised act is to be performed, while conditions set out further circumstances impacting when the act must be
- Author
- Ammar
- Language
- EN