Template:Warrantydescription: Difference between revisions

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A statement of a current fact made as a term of a contract. If a warrantor breaches its {{tag|warranty}} the injured party might claim damages for the breach of{{tag|contract}} and sue for damages, but cannot [[rescind]] it altogether. For that you would need a breach of {{tag|representation}}.
A {{tag|warranty}} is a statement of a current fact made as a term of a {{tag|contract}}. If a warrantor breaches its {{tag|warranty}} the injured party might claim damages for the breach of{{tag|contract}} and sue for damages, but cannot [[rescind]] it altogether. For that you would need a breach of {{tag|representation}}.

Revision as of 15:56, 7 September 2016

A warranty is a statement of a current fact made as a term of a contract. If a warrantor breaches its warranty the injured party might claim damages for the breach ofcontract and sue for damages, but cannot rescind it altogether. For that you would need a breach of representation.