Contracts, Business & Corporate Law Blog
The Essential Contract Review Checklist - Part 4: Representations and Warranties - Establishing the Foundation of Accountability
In this article, which is the fourth in a series of articles, I explore the critical role of representations and warranties in contracts, focusing on how they allocate risk, confirm certain facts or promises to be true, and ensure accountability between the parties. I also examine key considerations such as scope, limitations, and qualifications, discussing practical strategies for both limiting exposure and ensuring adequate protection. A thorough review of the representations and warranties is crucial to protecting your interests, ensuring accountability, and effectively mitigating potential risks throughout the life of the contract.