This webinar reviews warranties of product quality for sophisticated or specialized software, custom software development services, and information and data. Using Dreadfully Drafted examples, we review what warranties are implied by U.S. and Canadian law, and conclude that it would be better to negotiate express warranties suitable for intangibles such as software and information rather than for physically tangible products, taking into account the nature of the particular market. We will consider what warranties allocate the risk fairly for licensed software, the difference between "results-based" warranties and "efforts-based" warranties for custom software services, and what warranties of accuracy and reliability apply to information and data. With the aid of Dreadful Drafter we consider tips for drafting the warranties once the legal principles and risks have been defined and allocated. Interactivity will be encouraged by online questions.
Licensing Executives Society (USA & Canada)
CLE (California): 1.50
CLE (Illinois): 1.50
Certified Licensing Professionals, Inc.: 1.50
LES Member Price:$0.00