1. Fill in the gaps from the available options given in the brackets.
(i) If the stipulation agreed to between the parties is essential to the main purpose of the contract then such a stipulation is known as a______. (condition/warranty/implied condition/guarantee)
(ii) A ____ is a stipulation, collateral to the main purpose of the contract, (condition/warranty/implied condition/guarantee)
(iii) There is an implied condition on the part of the seller that he has a right to____ the goods, (use/sell/retain/resell)
(iv) If the sale of goods is by ____ there is an implied condition that the goods shall correspond with the description, (description/sample/oral agreement/written contract)
2. Identify whether the following statements are True or False.
(i) In every contract of sale it is implied that the seller has got the right to sell the goods, (ii) An implied warranty as to quality or fitness for particular purpose may be annexed by the usage of trade.
ANSWERS :
1.
(i) condition;
(ii) warranty;
(iii) sell;
(iv) description.
2.
(i) True;
(ii) True.