The chapter defines, Condition and warranty in The
Sale of Goods Act, 1930. As we know, another main purpose of making law is take
care of individual rights. Condition and warranty are actually essential
element for making valid and legal contract.
According to the statutory law (The Sale of Goods Act,1930):
Section12(2) of the Act defines Condition as, ‘’ “A condition is a
stipulation which is essential to the main purpose of the contract and the
breach of the condition gives the aggrieved party a right to treat the contract
as repudiate’’. On the other hand, Section 12(3) of the act, defines warranty
as,’’ “A
warranty is a stipulation which is collateral to the main purpose of the
contract and breach of which gives the aggrieved party a right to claim damages
only but not to a right reject the goods and treat the contract as repudiate”.
Distinction between Condition and warranty:
·
Essential & Collateral
·
Repudiate the contract
·
Right in case of breach
·
Treatment
WHEN A BREACH OF A CONDITION BE TREATED AS A
BREACH OF A WARRANTY
According to the act, Section 13 specifies cases
where a breach of a condition be treated as a breach of a warranty. As a result
of which the buyer loses his right to rescind the contract and can claim for
damages only.
1.
Voluntary waiver by buyer
2.
Acceptance of goods by buyer
Doctrine of Caveat
Emptor
It is Latin maxim, which literally means “let the buyer
beware”. According to the doctrine of caveat emptor it is duly of the buyer to
be careful while purchasing goods of his requirements.
Exceptions of this doctrine:
1. Where the seller makes a misrepresentation.
2. Where the seller makes a false
representation
3. Where the goods are purchased by
description and they are not correspondent with the description
4. Where the goods are bought by sample
5. Where the goods are brought by sample as
well as description.