Multiple Choice
Which of the following statements is TRUE with respect to various uses of the word "condition" as that word was used in Chapter 11?
A) A condition subsequent suspends the creation of a contract until a certain event has occurred.
B) A party who fails to perform a condition subsequent may be held liable for damages.
C) If a condition subsequent is not satisfied, then the contract is rescinded.
D) A party who fails to perform a condition may be held liable for damages.
E) A true condition precedent always leads to the existence of secondary obligations.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: Halle was required to pay $100 to
Q37: Which of the following statements is TRUE
Q38: Briefly describe three ways in which a
Q39: The difference between a condition precedent and
Q40: Ichiro and Emily discussed the possibility that
Q42: Pym had an idea for an invention.Campbell
Q43: Pierette entered into a contract with Hugo.She
Q44: Sasha owed $350 to Nicole.Under the terms
Q45: A homebuilder, Jim, accepts an entire contract
Q46: Corrie contractually agreed to build a house