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The Seller’s Playbook

Glossary · Part 2, Going to Market

Representations and warranties (reps)

The seller’s formal statements in the contract that the business is as described. Breaching one can trigger indemnification.

Where it shows up in the book

Look it up in a sentence, then read the chapter

Nothing in the book needs a dictionary of jargon to follow, but when a piece of deal language shows up, this is where it is defined. The chapters hold the reasoning.