Asked by
Jaylah Riggins
on Nov 21, 2024
Verified
Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car as long as Peter tutors Carrie's son in math during the entire time Carrie is washing the car. This is an example of which type of conditional contract?
A) Condition precedent
B) Condition subsequent
C) Condition concurrent
D) Implied condition
E) The contract is not conditional.
Conditional Contract
An agreement where the obligations or terms are only to be fulfilled if certain conditions are met.
Condition Concurrent
A situation in a contract wherein the parties involved must perform their respective obligations at the same time.
Washing
Typically refers to cleaning something by immersing and agitating it in water or another liquid.
- Understand thoroughly the descriptions and implementations of assorted conditions in contracts: express, implied, precedent, subsequent, and concurrent.
Verified Answer
GA
Learning Objectives
- Understand thoroughly the descriptions and implementations of assorted conditions in contracts: express, implied, precedent, subsequent, and concurrent.
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