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Home / Opinion Digests / Commercial – Breach Of Warranty – Lease – Purchase Option – Limitations – Accrual (access required)

Commercial – Breach Of Warranty – Lease – Purchase Option – Limitations – Accrual (access required)

Where the parties' rental-purchase agreement on a hydraulic excavator shovel provided for a lease of 12 months and allowed the crushed stone company, at any time during the rental period, to exercise an option to purchase, the company's later suit for breach of implied warranty did not accrue until the option was exercised and the ...

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