ISSN 2581-5369
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Condition and Warranty
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Nupur Sharma
Student at IILM University, Gurugram, India
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Simply Shekhar
Student at IILM University, Gurugram, India
Abstract
When two parties enter into a contract of sale, they set specific conditions that will affect the entire agreement. If these terms are not met, the party who is not at fault may reject the agreement and seek compensation for the damages he has experienced. Similar to condition, a warranty is also provided by the seller to the customer in the event that the purchased item has flaws and has to be replaced or fixed. In this case, only damages may be demanded; the contract cannot be rescinded. The definition of the terms condition and warranty, how they derive their validity in light of The Sale of Goods Act, 1930, and how a condition turns into a warranty will all be studied in this research paper.
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 6, Issue 3, Page 995 - 1001
DOI: https://doij.org/10.10000/IJLMH.114831Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
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