Multiple Choice
A(n) ________ refers to a condition whose occurrence or nonoccurrence of a specific event automatically excuses the performance of an existing contractual duty to perform.
A) Condition precedent
B) Condition subsequent
C) Concurrent condition
D) Implied condition
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: The promisee is the contracting party who
Q33: If the assignee fails to provide notice
Q44: An obligee who transfers the right to
Q52: Approval clauses require that the assignee approve
Q55: The party to whom the duty is
Q56: The party to whom a duty is
Q72: A party who owes a duty of
Q73: What does the English rule for successive
Q81: If a delegatee has not assumed the
Q82: A person is permitted to assign a