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a) Please explain the difference between a condition and a warranty in contract law. (4...

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Accounting

a) Please explain the difference between a condition and a warranty in contract law.

(4 marks)

b) With reference to the status of the above mentioned contractual term, please advise Madam Tenora on her legal position with respect to the consequences of the breach of this term.

(9 marks)

c) Please name two grounds based on which a valid contract may become frustrated. (2 marks)

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