Which of the following statements is the best description of a 'warranty'?
A) A term in a contract which provides that the contract will terminate on the happening of a particular event.
B) A less important term in a contract,non-performance of which entitles the plaintiff to damages only.
C) A term which must be satisfied before a contract can come into existence.
D) A term in a contract,non-performance of which may result in rescission of the contract and/or damages to the plaintiff.
Correct Answer:
Verified
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