Which one of the following is an accurate statement of Australian law?
(a) ‘Conditions’ are the terms of a contract whereas ‘warranties' are statements that do not become terms of the contract.
(b) Both ‘conditions’ and ‘warranties’ are terms of a contract - ‘warranties’ are the more important terms of the contract and ‘conditions’ are the less important terms.
(c) Both ‘conditions’ and ‘warranties’ are terms of a contract - ‘conditions’ are the more important terms of the contract and ‘warranties’ are the less important terms.