Commentary

48.2 Standard warranties as to due capacity and good standing

BOILERPLATE AND COMMERCIAL CLAUSES vol 4(3)
| Commentary

48.2 Standard warranties as to due capacity and good standing

| Commentary

48.2 Standard warranties as to due capacity and good standing

Warranties as to a party’s ability to enter into an agreement of the type in question, and as to the ‘good standing’ of each party, are sometimes inserted in commercial agreements. Warranties of this kind are common in contracts drafted by US lawyers and are increasingly common in UK contracts. They are perhaps most relevant to contracts which are directly concerned with the status of the contracting parties, for example, a sale of business agreement. For most types of commercial contract involving United Kingdom corporate parties, it is possible to

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