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bears certain qualities and does not possess certain defects under the
representations and warranties in the share purchase agreements. Such
promises define the responsibilities of the seller.
Legal due diligence and the representations and warranties drafted
based on the results of such due diligence determines the scope of
responsibility of the seller of warranty against defects. Therefore con-
ducting a due diligence and drafting of the representations and war-
ranties in the share purchase agreements in detail are of a material
importance.
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