warrantywarranty: in the context of a legal contract, a warranty is ...: in the context of a legal contract, a warrantywarranty: in the context of a legal contract, a warranty is ... is a promise or assurance in the contract that a particular thing will be done, or that a particular fact or matter is true; if a warrantywarranty: in the context of a legal contract, a warranty is ... is breached by the contractual party giving it, the innocent party will have a claim for breach of contractbreach of contract: in contract disputes, one contracting pa..., the remedies for which could include financial damagesdamages: in litigation and dispute resolution, financial com...; typically used in share purchase agreements and business sale contracts, where a buyer will obtain warranties from the seller as to the state of the company or business being acquired.