- 1 Marks
Question
The ordinary term of a contract which entitles the aggrieved party to sue only for damages and not rescission of the agreement is a ____________.
Answer
Warranty
Explanation:
A warranty is a term in a contract that is less fundamental than a condition. If breached, the aggrieved party can only claim damages but cannot rescind or terminate the contract.
- Topic: Contract Law
- Series: MAY 2014
- Uploader: Theophilus