A lawyer drafting a business contract usually includes a “r...

Com base no mesmo assunto

Ano: 2012 Banca: FGV Órgão: Senado Federal Prova: FGV - 2012 - Senado Federal - Consultor Legislativo - Assessoramento em Orçamentos |

Q2258331 Inglês

Another view on representations and warranties

(Tina L. Stark. Adaptado de: http://apps.americanbar.org/buslaw/blt/2006-01- 02/nonbindingopinion.html

A lawyer drafting a business contract usually includes a “representations and warranties” clause because

it will protect the client against risks and will secure those advantages that are reasonable and appropriate.

the lawyer could be sued for malpractice if he did not include it.

the Contract will look more professional allowing the lawyer to charge a higher fee.

a contract without a “representations and warranties” clause will not be legally enforceable.

the “representations and warranties” clause is a standard contract clause and has always the same wording.

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