2006-09-06 23:34:35 · 6 answers · asked by John D 1 in Business & Finance ➔ Other - Business & Finance
Errors and omissions excepted.
A contractual agreement is meant to document what the contracting parties have agreed. If a mistake has been made in writing this up, or if something agreed has been missed out, the phrase is saying that the parties should not be held to the incorrect terms of the agreement.
2006-09-06 23:41:04 · answer #1 · answered by tringyokel 6 · 0⤊ 0⤋
Errors and Omissons Excepted.
It means if they make a genuine mistake the contract is generally still in tact but the errors can be corrected and not be in breach.
i.e. If they pull a typing mistake and offer to sell you a house for £245, instead of £245,000 then you can't insist you get it for under £300 quid
2006-09-06 23:41:27 · answer #2 · answered by Michael H 7 · 0⤊ 0⤋
Equal Opportunity Employer
2016-03-27 01:17:45 · answer #3 · answered by ? 4 · 0⤊ 0⤋
it means Errors and Omissions Excepted
it means if there are any typing errors in the contract, the contract is still valid
2006-09-06 23:37:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Errors and omissions excluded
2006-09-06 23:37:40 · answer #5 · answered by bumblingbeermonster 3 · 0⤊ 0⤋
Sorry i only know e i e i o
2006-09-06 23:44:52 · answer #6 · answered by V 2 · 0⤊ 0⤋