Question: 1.IF A CONTRACT CONTAINS EITHER AN EXPRESS OR IMPLIEDCONDITION SUBSEQUENT, AND IF THE SPECIFIED CONDITION THEREAFTER DOES OCCUR, THIS MEANS THAT BOTH PARTIES: (A)MUST NOW

1.IF A CONTRACT CONTAINS EITHER AN EXPRESS OR IMPLIEDCONDITION SUBSEQUENT, AND IF THE SPECIFIED CONDITION THEREAFTER DOES OCCUR, THIS MEANS THAT BOTH PARTIES:

(A)MUST NOW GO AHEAD AND PERFORM THEIR OBLIGATIONS

(B)ARE NOW FREED OF THEIR OBLIGATIONS UNDER THE CONTRACT

(C)ARE NOW FREED OF THEIR OBLIGATIONS IF-AND ONLY IF-THEY MUTUALLY AGREE TO CANCEL THE CONTRACT

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