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Print Letter Of Continuing Guarantee (Unlimited Amount)

Aug 6th, 2022

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How to Print Letter Of Continuing Guarantee (Unlimited Amount)

4.8 out of 5

41 votes

The tutorial discusses the complexities of common law guarantees, emphasizing that, unlike general contracts, guarantees contain specific legal terms that require caution. Viewers are warned that these "voodoo words" have special legal meanings, making it essential for both lenders and guarantors to understand their implications. The speaker advises obtaining specialized legal advice to navigate guarantees effectively and highlights the importance of reserving rights, particularly for guarantors who may benefit from unenforceable aspects of the guarantee. The tutorial aims to help viewers recognize key legal phrases to prepare them for real-life negotiations.

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