Define and distinguish between 'condition' and 'warranty&#

Question

Define and distinguish between 'condition' and 'warranty'.

21 Feb 2025

Answer :

Word Count : 305

In business law, 'condition' and 'warranty' are both terms used in the context of contracts, particularly in the sale of goods. They refer to different types of contractual terms that determine the rights and obligations of the parties involved.

A condition is a fundamental term of a contract that goes to the very heart of the agreement. It is a stipulation that is so essential that if it is not fulfilled, the party whose rights are _________ ___ ____ __________ ____.
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