Using “Guarantee” and Other Verbs as Terms of Art: Less Than Meets the Eye
[Updated January 11, 2012, to tweak the analysis.] Let’s consider how the verb guarantee is used in contracts. (No, I’m not going to discuss guarantee versus guaranty. For that, go to this 2006 blog post on AdamsDrafting. Perhaps my most popular post evah. Go figure.) Everyone knows what the verb guarantee means. Here’s how Black’s Law Dictionary defines it: guarantee, vb. … Read More