Collateral assurance
id:
collateral-assurance-194-12734134
title:
Collateral assurance
text:
Of non-legal obligations, collateral assurance is a bond made over and beyond the deed itself, for the performance of an agreement, or covenant, made between two individuals; so called, for being external, and without the nature and essence of a covenant. A collateral assurance is separate but subservient to the principal contract. It usually allows for damages to be paid when the assurance is broken without allowing the principal agreement to be voided. Warranties are examples of this sort of a
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Collateral_assurance
date created:
date modified:
2024-01-08T09:39:54Z
main entity:
{"identifier":"Q5145978","url":"https://www.wikidata.org/entity/Q5145978"}
image:
fields total:
13
integrity:
13