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What is a Condition in
Contract of Sale?
A condition is a stipulation which is essential
to the main purpose of the contract. If there is
a breach of condition, the affected party can
treat the contract as repudiated. (repudiate
means to disown or reject.
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Differences between
Condition and Warranty
Condition 1. A condition is a
stipulation which is
essential to the main
purpose of the
contract.
Warranty A warranty is a
stipulation which is
collateral to the main
purpose of the
:
contract.
Condition 3. A breach of
condition may be
treated as a breach of
warranty. This
happens if the affected
party decides to claim
damages only.
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