Asked by
NavJot SiNgh
on Nov 21, 2024
Verified
When each party's performance is conditioned on the performance of the other, which of the following conditions occur?
A) Precedent
B) Subsequent
C) Concurrent
D) At large
E) Certain
Concurrent Conditions
In a contract, terms under which each party’s performance is conditioned on the performance of the other; occur only when the parties are required to perform for each other simultaneously.
- Understand the significance of conditions in enforcing and executing contracts.
Verified Answer
RS
Learning Objectives
- Understand the significance of conditions in enforcing and executing contracts.
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