📝 One-liners · 65 cards

Conditions and Warranties

What is a 'condition' under the Sale of Goods Act, 1930?
A condition is a stipulation essential to the main purpose of the contract, the breach of which gives the aggrieved party the right to treat the contract as repudiated.
What is the legal effect of a breach of warranty under the Sale of Goods Act, 1930?
Buyer can claim damages but cannot reject the goods.
What is a 'warranty' under the Sale of Goods Act, 1930?
A warranty is a stipulation collateral to the main purpose of the contract, the breach of which gives the aggrieved party only a right to claim damages, not to repudiate the contract.
What is the legal effect of a breach of condition under the Sale of Goods Act?
Buyer may reject goods, repudiate contract, and claim damages.
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