(a) That's wrong. 

You were asked to select the correct statement.

It is correct to say that, unless it can be inferred from the facts that contracting parties intended otherwise, the time agreed for performance will be treated as a warranty rather than a condition and late performance does not therefore justify terminating further performance.

It is incorrect to say that, unless it can be inferred from the facts that contracting parties intended otherwise, the time agreed for performance will be treated as a condition rather than a warranty and late performance therefore justifies terminating further performance.

It is incorrect to say that legislation now requires that the time agreed by contracting parties for performance must always be treated as a warranty rather than a condition, so that late performance never justifies terminating further performance.

Give yourself  no marks for this answer.

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