Duties of information and advice
The Parties covenant that they shall perform their obligations under the Agreement with all reasonable skill and care, in full compliance with their duties of information and advice, as can be reasonably expected from a reputable professional in the field.
What does "in full compliance with their duties of information and advice"?
Does it mean each Party has duty to inform and advice the other Party if there is anything the other Party needs to know?
Top answer
It is not good English. There is something missing. The Parties covenant that they shall perform their obligations under the Agreement with all reasonable skill and care, in full compliance with their duties of providing information and advice, as can be reasonably expected from a reputable professional in the field.
- It is not good English.
- There is something missing.
- The Parties covenant that they shall perform their obligations under the Agreement with all reasonable skill and care, in full compliance with their duties of providing information and advice, as can be reasonably expected from a reputable professional in the field.
- It seems to be describing a the role of (or similar to) a fiduciary.
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It is not good English. There is something missing.
The Parties covenant that they shall perform their obligations under the Agreement with all reasonable skill and care, in full compliance with their duties of providing information and advice, as can be reasonably expected from a reputable professional in the field.
It seems to be describing a the role of (or si
0
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