Question

A "Warranty", under the Sale of Goods Act, has been defined as a stipulation __________.

• A. collateral to the main purpose of the contract
• B. with regard to time
• C. essential to the main purpose of the contract
• D. all of the above

Answer 1

The correct option is A collateral to the main purpose of the contract

A stipulation in a contract of sale with reference to the goods which are the subject matter thereof may be either condition or warranty.A "Warranty", under the Sale of Goods Act, has been defined as a stipulation collateral to the main purpose of the contract which creates rights to claim damages.