Professional Documents
Culture Documents
Warranties
Mercantile Law
INTRODUCTION
In a contract of sale, usually parties
makes certain statements or the
stipulation about the goods under
sale or purchase. These stipulations
in a contract of sale made with
reference to the subject matter of
sale.It may be either a condition or
Warranty.
Mercantile Law: Conditions and 2
Warranties
These stipulations forms the part of
the contract of sale and a breach of
which may provides a remedy to the
buyers against the seller.
Stipulation
as to time
Condition When
and Condition
warranty treated as
warranty
Mercantile Law: Conditions and 5
Warranties
Stipulation as to time
Delivery Payment
of goods of price
Express Implied
Warranty as to warranty as
undisturbed to non-existence
possession of encumbrances
Warranty as to
Disclosure of
quality or
Dangerous
fitness by
nature of goods
usage of trade
Mercantile Law: Conditions and 9
Warranties
STIPULATION AS TO TIME