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A personal guarantee, by contrast, is often used to refer to a promise made by an individual which is supported by, or assured through, the word of the individual. In the same way, a guarantee produces a legal effect wherein one party affirms the promise of another (usually to pay) by promising to themselves pay if default occurs.
A medallion signature guarantee is a binding warranty, issued by an agent of the authorized guarantor institution, that: (a) the signature was genuine; (b) the signer was an appropriate person to endorse, and (c) the signer had legal capacity to sign. A medallion signature guarantee is not equivalent to a US notarial Acknowledgment. [1]
Express warranties are created when the seller makes a guarantee to the buyer that the product or service being offered has certain qualities. For there to exist an express warranty, a statement regarding the product or service must be made to the buyer and the statement must play a role in the buyer's decision to purchase the product or service.
An aerogram, aerogramme, aérogramme, air letter or airletter is a thin lightweight piece of foldable and gummed paper for writing a letter for transit via airmail, in which the letter and envelope are one and the same. Most postal administrations forbid enclosures in these light letters, which are usually sent abroad at a preferential rate ...
Early movers from 1885, Montréal, Québec Movers in Salt Lake City, 1911 Moving van and lift, Germany, 2007. A moving company, also known as a removalist or van line, is a company that specializes in assisting individuals and businesses with relocating their goods from one location to another. Moving companies may offer additional or all ...
Here's why we'd never move out of Bluey's house. On the Australian cartoon 'Bluey,' Bluey Heeler and her family are selling their adorable house in Brisbane. Here's why we'd never move out of ...
A personal guarantee is a promise made by a person or an organization (the guarantor) to accept responsibility for some other party's debt (the debtor) if the debtor fails to pay it. In the case of a personal guarantee made by an individual on behalf of another, the person who makes the personal guarantee is usually referred to as a co-signer ...
The applicant is the person or company who has requested the letter of credit to be issued; this will normally be the buyer. The beneficiary is the person or company who will be paid under the letter of credit; this will normally be the seller (UCP600 Article 2 defines the beneficiary as "the party in whose favour a credit is issued").