Statements of facts about the past and present are called:
A) provisions and terms.
B) promises and covenants.
C) representations and warranties.
D) damages and remedies.

Question

Quizplus · Accepted Answer

Statements of facts about the past and present are called representations and warranties in legal language. Provisions and terms refer to the details of a contract, promises and covenants are obligations to perform certain actions, and damages and remedies are related to the consequences of a contract breach.

Statements of Facts About the Past and Present Are Called