Explanation:

- Option 1: True

- A breach of condition is a fundamental breach. It allows the innocent party to terminate the contract and/or claim damages.

- A breach of warranty is less serious. It gives the right to claim damages but not to end the contract.

- In some cases, a breach of condition may be treated as a breach of warranty if the injured party elects to affirm the contract and claim damages only instead of terminating it.

- Therefore, treating a breach of condition as a breach of warranty can occur, but not vice versa.

- Correct Answer: Option 1 - True.

- Option 2: False

- The statement is not false, so this option is incorrect.

- Option 3: Depends

- While context can influence outcomes, the ability to treat a breach of condition as a breach of warranty is a known principle that makes this option not fully accurate.

- Option 4: None of the above

- Since the statement is true, this option is also incorrect.

“”