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2. Parent company guarantee - Wikipedia

   en.wikipedia.org/wiki/Parent_company_guarantee

   A parent company guarantee ( PCG) is a guarantee by a parent company of a contractor ’s performance under its contract with its client, where the contractor is a subsidiary of the parent company. [1] It is mandatory for all the companies to mention about the guarantees granted as a note in their accounts because it is a risk for the company.

3. Product liability - Wikipedia

   en.wikipedia.org/wiki/Product_liability

   Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability as an area of law is traditionally limited to products in the form ...

4. Warranty - Wikipedia

   en.wikipedia.org/wiki/Warranty

   Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.

5. Performance bond - Wikipedia

   en.wikipedia.org/wiki/Performance_bond

   Performance bond. A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money, intended to secure a futures contract, commonly known as margin .

6. Decennial liability - Wikipedia

   en.wikipedia.org/wiki/Decennial_liability

   Under French law (Article L241-1 of the Insurance Code), every builder is required to purchase a ten-year insurance policy covering the mandatory decennial warranty on all construction projects. The decennial warranty is a legal liability assumed by builders for all defects that compromise the integrity of their structures or that cause them to ...

7. Consequential damages - Wikipedia

   en.wikipedia.org/wiki/Consequential_damages

   Consequential damages go beyond the contract itself and into the actions that arise from the failure to fulfill. The type of claim giving rise to the damages, such as whether it is a breach of contract action or tort claim, can affect the rules or calculations associated with a given type of damages.