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What Is a Condition Precedent

Question 65

Multiple Choice

What is a condition precedent?


A) an event that happens before a contract takes effect
B) an event that is related to a contract and happens before a contract takes effect
C) an unconditional undertaking given by a promisee to the promisor to perform an event before a contract takes effect
D) any set of circumstances or events that the parties agree must be satisfied or must happen before their contract takes effect
E) an undertaking,conditional on the execution of a contract between the parties,that a promisee makes to a promisor prior to entering into a contract

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