Warranties Section

From Open Risk Manual

Definition

Warranties Section. Section defining what is warranted by either party to the other. A warranty, as contained in this section of a contract, is a statement by one other party asserting that some given state of the world exists.

This is the contract section which formalizes these aspects of the Agreement between the parties.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.