Unless otherwise expressly stated, a warranty1 only relates to facts as they are at the time of sale2. It may, however, expressly relate to the future, as where the seller undertakes to deliver horses sound at the end of a fortnight3; but 'warranted sound for one month' has been held to mean not that the horse was warranted to continue sound for a month, but that the duration of the warranty was limited to one month, and that complaint of unsoundness must be made within one month of sale
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When defendants are guilty, they have a choice to plead guilty or to put the prosecution to proof. When they plead guilty they may benefit from a reduction in their sentence as a result, see Practice Note: Credit for guilty plea. However, the Sentencing Council's overarching guidelines on reduction
A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without
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Express and implied contractual terms distinguishedContractual terms may be either express or implied:•express terms—are terms which are actually recorded in a written contract or openly expressed in an oral contract at the time the contract is made (or there may be a combination of written and oral
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