Implied warrenties:
The implied warrenties ina contract of sale are as followes:
1.warrenty of qiuet possession:
In a contract of sale unless there is a contrary intention, there is an implied warrenty that the buyer shall have and enjoy quiet possession of the goods.
2.warrenty of freedom from encumbrances:
In addition to the previous warrenty, the buyer is entitled to a further warrenty that the goods are not subject to any charge or right in favour of the third party.
3.warrenty ro disclouse dangerous nature of goods:
Where a person sells goods knowing that the goods are inherently dangerous or they are likely to be dangerous to the buyer and that the buyer is ignorant of the liable of a damages.
Implied conditions and warrenties in a contract of sale may be negative or varied by
a. Express agreement between the parties.
b. The course of dealing.
c. The custom or usage of trade.
Wednesday, September 9, 2009
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