Examlex
Promissory Note
A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Fraud in the Inducement
A deceptive practice intended to mislead someone into entering a contract or agreement by providing false statements or misleading information.
Warranty Liability
The legal obligation of a seller to provide compensation for faults in goods or property that were sold under warranty.
Primarily Liable
The direct obligation of an entity or individual to pay a debt or fulfill a contractual commitment without depending on another's performance of duty.
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