EPC Contracts: Warranties Implied by Law

Description

This Skill Bit shows, that when a contract disclaims all warranties implied by law, it signifies that parties are solely bound by the explicit terms outlined in the contract, foregoing any additional assurances implied by legal precedent. This ensures clarity and prevents reliance on unwritten assurances, fostering a clear understanding of each party’s obligations and rights.

Duration approx. 2 Min.

Tier: advanced