Conditions vs Warranties | Sale of Goods Act Sec 11-17 | Caveat Emptor Explained

"Explain conditions and warranties" - Complete answer under Sale of Goods Act, 1930. Condition - Sec 12(2): A stipulation essential to the main purpose of the contract. If breached, buyer can: Repudiate the contract - reject goods Claim damages for loss Warranty - Sec 12(3): A stipulation collateral to the main purpose. If breached, buyer can: Claim damages only Cannot reject goods 5 Key Differences: Basis Condition Warranty Nature Essential Collateral Remedy Repudiate + damages Damages only Conversion Can become warranty - Sec 13 Cannot become condition Breach Contract ends Contract continues Value Goes to root of contract Minor importance Sec 13: When Condition Treated as Warranty Buyer waives condition Buyer elects to treat breach as warranty Contract not severable + buyer accepted goods Implied Conditions - Sec 14-17: Sec 14: Title - seller has right to sell Sec 15: Sale by description - goods match description Sec 16(1): Quality/fitness - buyer relies on seller’s skill Sec 16(2): Merchantable quality Sec 17: Sale by sample - bulk matches sample Implied Warranties: Sec 14(2): Quiet possession Sec 14(3): Freedom from encumbrance Doctrine of Caveat Emptor - Sec 16: "Let buyer beware" 3 Exceptions: Fitness for purpose, Merchantable quality, Sale by sample Landmark Cases: Baldry v Marshall, Priest v Last, Grant v Australian Knitting Mills Ltd Perfect for LLB, BCom, CS, CA, CMA exams. Structure: Definitions + Differences + Implied Terms + Caveat Emptor + Cases. PDF notes pinned. Subscribe for Law Q&A series! #kslu #ksluexam #SaleOfGoodsAct #ConditionsAndWarranties #LawStudent #LLB #BusinessLaw #ContractLaw #SaleOfGoodsAct1930 #LawExam #LegalStudies #Sec12 #Sec13 #Sec16 #CaveatEmptor #LawNotes #Sec17