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18:56 Nov 27, 2018 |
French to English translations [PRO] Law/Patents - Law: Contract(s) / Contract for Transfer of Company Shares | |||||
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| Selected response from: B D Finch France Local time: 00:18 | ||||
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Summary of answers provided | ||||
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4 | Guarantee of the Warranty |
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3 -1 | Surety |
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Discussion entries: 3 | |
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Surety Explanation: No need for repetition, as a surety is, by definition, a guarantee of an obligation (the second "garantie" in the French) https://en.wikipedia.org/wiki/Surety In finance, a surety, surety bond or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. http://www.fluxmans.com/warranty-guarantee-suretyship-selwyn... https://www.investopedia.com/terms/s/surety.asp The surety provides a financial guarantee to the obligee that the principal will fulfill their obligations. |
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1 day 22 hrs confidence:
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