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Richard Contracts with Yuan to Buy Yuan's House for $100,000

Question 14

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Richard contracts with Yuan to buy Yuan's house for $100,000 "unless my horse does not win the Kentucky Derby." This is a condition subsequent, or at least an attempted condition subsequent. Rephrase it as a condition precedent with the same effect. If you can do this, why does the law bother to distinguish condition precedent from condition subsequent?

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"I, Richard, promise to buy Yuan's house...

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