Question
Under the Sale of Goods Act, 1930, a "Condition" is a
stipulation which is:Solution
Section 12(2) of SOGA defines a condition as a stipulation essential to the main purpose of the contract, the breach of which gives rise to a right to treat the contract as repudiated. A warranty, per Section 12(3), is merely collateral.
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A number is increased by 25% and then decreased by 20%. Find the net percentage change.
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