Great resource jbilil! I would like to know which agencies are those that are considered those that should be avoided in the industry. Also, we post a lot of per diem positions on http://www.physicaltherapy.com/pt-jobs/.
A collateral warranty is a contractual arrangement that is directly connected to another principal contract. In other words, it is âcollateralâ to the main contractual arrangement. Collateral warranties are particularly popular in the building industry.s most commercial development projects are financed by institutional lenders such as banks, collateral warranties are typically a necessity. Collateral warranty is legally designed to enable a third party with interest in completion of the project to pursue a legal claim against another party involved in that project.
A warranty is a contractual assurance made by a seller to a buyer and may be implicit or explicit. For example an explicit warranty for a watch may specifically say that it will last for at least 10 years. Implicit in this is that the watch is able to tell the time accurately.