Accountancy, asked by kazimraja328, 3 months ago

what do you mean by condition and warranty.state the differences

Answers

Answered by ItzManiac
76

Answer:

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A condition is a stipulation which is essential to the main purpose of the contract. A warranty is a stipulation which is collateral to the main purpose of the contract. ... For the breach of warranty, the affected party can claim damages only.

Answered by masramangel142
0

answer:

condition - 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.

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