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Agreement for Sale of Equipment; Additional Proposed Terms Are Expressly Rejected; Disclaimer of Warranties Form

Agreement for Sale of Equipment; Additional Proposed Terms Are Expressly Rejected; Disclaimer of Warranties Form

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[Music] in contract law understanding the difference between warranties and representations is essential for risk management and Clarity in agreements while they may appear similar these terms have unique legal implications that can affect the remedies available to the parties if a statement is proven untrue representations are pre-contractual statements of fact made to induce the other party to enter into the contract they provide Assurance about certain conditions or facts at the time of Contracting however representations are generally not part of the contracts enforcable terms if a representation is false it may lead to a claim for misrepresentation with potential remedies including recision of the contract or damages depending on whether the misrepresentation was fraudulent negligent or innocent representations are therefore primarily used to ensure transparency before the contract is finalized warant gues on the other hand are promises within the contract regarding certain facts

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