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An invitation to sue

By: Series: Building ; 266(8178) 30 March 2001, 51(1)Publication details: 2001Subject(s): Summary: Discusses warranties that are provided by contractors and consultants. Suggests these are costly and dangerous, often containing risks not obvious to the parties involved. The signing of a warranty often involves taking costly advice about its meaning. Criticises the absence of a quid pro quo within most warranties. Offers two proposals to improve the current situation. Firstly, suggests it should be a condition of warranties that all outstanding payments to warrantors should have been 'fully discharged'. Secondly, that warrantors should make efforts to assign a proper price on the warranty obligations, and this price should be identified separately. Offers a reminder that warranties are not a requirement.
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Journal article London Journal article ABS63631 (Browse shelf(Opens below)) 1 Available 111821-1001

Discusses warranties that are provided by contractors and consultants. Suggests these are costly and dangerous, often containing risks not obvious to the parties involved. The signing of a warranty often involves taking costly advice about its meaning. Criticises the absence of a quid pro quo within most warranties. Offers two proposals to improve the current situation. Firstly, suggests it should be a condition of warranties that all outstanding payments to warrantors should have been 'fully discharged'. Secondly, that warrantors should make efforts to assign a proper price on the warranty obligations, and this price should be identified separately. Offers a reminder that warranties are not a requirement.