Multiple choice

A stipulation collateral to the main purpose of a contract, under the Sale of Goods Act, is called

  1. a condition

  2. a warranty

  3. a guarantee

  4. an undertaking

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Under Sale of Goods Act, 1930, a warranty is a stipulation collateral to the main purpose of the contract, the breach of which gives rise to a claim for damages but not to a right to reject the goods and treat the contract as repudiated.