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Water Pipe Company includes in its contracts a provision that reads, in large red letters, "There are no warranties that extend beyond the description on the face hereof." This disclaimer negates
Ordinary Course of Business
Activities and operations that are considered normal, routine, and customary for a particular business or industry.
Void Title
A legal situation where title or ownership of an asset or property is deemed invalid due to certain defects or illegitimacy in the acquisition process.
Good Title
A legal term signifying that an owner has rightful ownership of property without any encumbrances such as liens or disputes.
Insurable Interests
A stake or financial interest in something that warrants purchasing insurance to protect against losses or damages to that entity or item.
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