Warranty: Difference between revisions

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190 bytes added ,  4 January 2016
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A statement of a current fact which does ''not'' go to the "heart" of a contract. If a warrantor breaches its warranty the injured party might claim damages for the breach, but cannot rescind the contract. For that you would need a [[representation]].
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 - and even terminate the contract and sue for damages, but cannot [[rescind]] the contract. For that you would need a breach of [[representation]].
 
===Compare===
*[[Representation]]
 
===See Also===
*[[Covenant]]
*[[Undertaking]]
*Or you could cut to the chase and go straight to [[promise]]

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