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The conditions and warranties may be in the form of
- a)express.
- b)implied.
- c)either (a) or (b).
- d)none of the above.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The conditions and warranties may be in the form ofa)express.b)implied...
Conditions and Warranties:
Conditions and warranties are the terms of a contract. They define the rights and obligations of the parties to the contract. A condition is a term that is essential to the contract. A breach of a condition allows the innocent party to terminate the contract and claim damages. A warranty is a term that is not essential to the contract. A breach of a warranty allows the innocent party to claim damages but does not allow them to terminate the contract.
Forms of Conditions and Warranties:
Conditions and warranties can be expressed or implied in a contract. Express conditions and warranties are those that are expressly stated in the contract. Implied conditions and warranties are those that are not expressly stated but are implied by law or by the circumstances of the contract.
Either (a) or (b):
As per the Indian Contract Act, conditions and warranties may be expressed or implied. Therefore, the correct answer to the given question is option (c) either (a) or (b).
Conclusion:
In conclusion, conditions and warranties are the terms of a contract that define the rights and obligations of the parties to the contract. They can be expressed or implied in a contract. The correct answer to the given question is option (c) either (a) or (b).
Conditions and warranties are the terms of a contract. They define the rights and obligations of the parties to the contract. A condition is a term that is essential to the contract. A breach of a condition allows the innocent party to terminate the contract and claim damages. A warranty is a term that is not essential to the contract. A breach of a warranty allows the innocent party to claim damages but does not allow them to terminate the contract.
Forms of Conditions and Warranties:
Conditions and warranties can be expressed or implied in a contract. Express conditions and warranties are those that are expressly stated in the contract. Implied conditions and warranties are those that are not expressly stated but are implied by law or by the circumstances of the contract.
Either (a) or (b):
As per the Indian Contract Act, conditions and warranties may be expressed or implied. Therefore, the correct answer to the given question is option (c) either (a) or (b).
Conclusion:
In conclusion, conditions and warranties are the terms of a contract that define the rights and obligations of the parties to the contract. They can be expressed or implied in a contract. The correct answer to the given question is option (c) either (a) or (b).
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The conditions and warranties may be in the form ofa)express.b)implied...
Conditions and Warranties may be either express or implied.
Implied Conditions
The implied conditions and warranties are those which are presumed by law to be present in the contract though they have not been put into it in expressed words. Implied conditions are dealt with in Sections 14 to 17 of the Sale of Goods Act, 1930. Unless otherwise agreed, the law incorporates into a contract of a sale of goods
Express Conditions
An express condition is any stipulation, essential to the main function of the contract, which is put in the contract at the will of the two parties.
Implied Conditions
The implied conditions and warranties are those which are presumed by law to be present in the contract though they have not been put into it in expressed words. Implied conditions are dealt with in Sections 14 to 17 of the Sale of Goods Act, 1930. Unless otherwise agreed, the law incorporates into a contract of a sale of goods
Express Conditions
An express condition is any stipulation, essential to the main function of the contract, which is put in the contract at the will of the two parties.
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The conditions and warranties may be in the form ofa)express.b)implied.c)either (a) or (b).d)none of the above.Correct answer is option 'C'. Can you explain this answer?
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