Assertion: contract's warranty | /r/HasProperty | promise
Facets:
value: in contract law
type: OTHER
Source sentences:
text: In a less technical sense, however, a condition is a generic term and a warranty is a promise.
text: In general insurance law, a warranty is a promise that must be complied with.
text: In contract law, a warranty is a promise which is not a condition of the contract or an innominate term: (1) it is a term "not going to the root of the contract", and (2) which only entitles the innocent party to damages if it is breached: i.e. the warranty is not true or the defaulting party does not perform the contract in accordance with the terms of the warranty.