What do conditions and warranties affect?

Conditions and warranties play a crucial role in determining the validity of a contract, particularly regarding the parties' obligations and rights within that contract. A condition is a significant term in the agreement, and if it is not met, it can lead to the termination of the contract and allow the aggrieved party to seek remedies. In contrast, a warranty is a less critical term; its breach usually results in a right to claim damages but does not end the contract.

By establishing whether certain obligations are fundamental to the contract or merely supportive, conditions and warranties help define how the contract will be executed and upheld. This delineation directly influences the contract's validity because if the conditions are not fulfilled, the injured party may choose to declare the contract void, hence the critical role of these terms in ensuring the contract holds legal weight.

While other options discuss aspects like duration, fulfilling obligations, and property rights, they do not fundamentally address how conditions and warranties influence the legitimacy and enforceability of the contract itself.