No
|
Condition
|
Warranty
|
1 |
Definition
of condition:
A
condition is a stipulation essential to the main purpose of the contract, the
breach of which gives rise to right to treat the contract as repudiated.
|
Definition
of warranty : A warranty is a stipulation collateral to the
main purpose of the contract, the breach of which gives rise to a claim for
damages but not to a right to reject the goods and treat the contract as
repudiated.
|
2 |
Condition
is a stipulation, essential to main purpose of the contract.
|
It
is a stipulation, collateral to the main purpose of the contract.
|
3 |
Breach
of Condition gives rise to repudiate the contract.
|
Breach of warranty does not gives rise to repudiate the contract, but gives rise to claim damages |
4 |
In
certain cases, breach of condition may be treated as breach of warranty.
|
A
breach of warranty cannot be treated as breach of condition.
|
Subscribe to:
Post Comments (Atom)
See Also..
-
1) Consider the following statements : A) Every promise is an agreement. B) Every agreement is a contract. C) A contrac...
-
1) Which one of the following element is not necessary for a contract ? A) Competent parties B) Reasonable terms and condition...
-
Computer is an important part of an accounting system. Computerized accounting systems are important to business in various...
-
1) Give correct answer : A) Void agreements are always illegal. B) Illegal agreements are always voidable . C) Illegal a...
-
Advantages of Law - There are many Advantages of law... some of the them are as follows : 1) Uniformity and Certainty: ...
Look who’s here! Looking for a research paper assistant? Connect with a free research paper writer for advice on this platform - https://topessaybrands.com/review/varsitytutors/ . We have hundreds of pros to choose from, making it easy for you to get matched fast. You can view the profiles of various researchers to ensure that you find one right for your paper.
ReplyDelete