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A condition is :
- a)Not essential to the main purpose of the contract
- b)Essential to the main purpose of the contract
- c)A stipulation collateral to the main purpose o the contract
- d)None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A condition is :a)Not essential to the main purpose of the contractb)E...
Contracts: The central instrument in a contract. A condition invests or divests the rights and duties of the parties to the contract, or stipulates that the occurrence or nonoccurrence of a certain event creates or terminates a contract.An actual or stipulated condition is called an express condition or condition in deed, and a condition deemed to be automatically present is called an implied condition or condition in law.
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A condition is :a)Not essential to the main purpose of the contractb)E...
A condition is a stipulation essential to the main purpose of the contract and forms the very basis of the contract. Its breach gives rise to a right to treat the contract as repudiated. ... Its breach does not entitle the aggrieved party to repudiate the contract. He can only claim damages.
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A condition is :a)Not essential to the main purpose of the contractb)Essential to the main purpose of the contractc)A stipulation collateral to the main purpose o the contractd)None of theseCorrect answer is option 'B'. Can you explain this answer?
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