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Information vs Assurance — LessWrong

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In contract law, there’s this thing called a “representation”. Example: as part of a contract to sell my house, I might “represent that” the house co…

x Information vs Assurance — LessWrong Communication Cultures Rationality Curated 192 Information vs Assurance by johnswentworth 20th Oct 2024 3 min read 19 192 In contract law, there’s this thing called a “representation”. Example: as part of a contract to sell my house, I might “represent that” the house contains no asbestos. How is this different from me just, y’know, telling someone that the house contains no asbestos? Well, if it later turns out that the house does contain asbestos, I’ll be liable for any damages caused by the asbestos (like e.g. the cost of removing it). In other words:

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