absolute undertaking meaning

  "absolute undertaking" in a sentence
noun (commerce)
  A promise by a party to a contract that he or she shall take absolute responsibility for something which is necessary for the performance of the contract, eg obtaining a licence to sell the goods

Examples

  1. "( I'm ) very, very confident that we will have implementation on Jan . 1, " Vaile said, adding that " obviously, you can't give an absolute undertaking on that ."
  2. Section 3 of the Carriage of Goods by Sea Act 1971 adds : " There shall not be implied in any contract for the carriage of goods by sea to which the Rules apply by virtue of this Act any absolute undertaking by the carrier of the goods to provide a seaworthy ship . " This provision makes it clear that there is no strict liability to provide a seaworthy ship.

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