A stipulation essential to main purpose of contract, the breach of which gives an aggrieved party right to repudiate the contract is known as:
Verified Answer
A. Warranty
B. Implied warranty
C. Condition
D. Contingent contract
Explanation:
In contract law, a 'condition' is a stipulation essential to the main purpose of the contract, the breach of which gives the aggrieved party a right to treat the contract as repudiated.