Question: When a condition operates to terminate a party's absolute promise to perform once it is no longer met, it is called a ( n )

When a condition operates to terminate a party's absolute promise to perform once it is no longer met, it is called a(n)
Group of answer choices
Condition Precedent
Condition Subsequent
Concurrent Condition
Implied Condition

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

The antenna tower is supported by three cables. If the forces of these cables acting on the antenna are FB = 520 N, FC = 680 N, and FD = 560 N, determine the magnitude and coordinate direction angles...

Q:

Please help with everything :( its for my business law class. 5-18 are True or false. the rest are fill in blank and short answer. 5. Duties that are personal in nature generally cannot be delegated....

Q:

please help, its for my business law class. fill in the blank. (20) If a plaintiff wins a breach of contract case, but is unable to prove he was damaged by the breach, the court will typlenlly award...

Q:

When a condition operates to terminate a party's absolute promise to perform, it is called a. an absolute promise. b. a concurrent condition. c. a condition subsequent. d. a novation

Q:

When a condition operates to terminate a party's absolute promise to perform, it is called a condition precedent. True False

Q:

Question 1 To be effective, an offer must: Group of answer choices None of these. be sufficiently definite and certain. manifest an intent to enter into a contract. All of these. be communicated to...

Q:

Question 1 1 pts A broker brings his seller an offer from a potential buyer. If the seller asks about the buyer's race, the broker: Group of answer choices must disclose this information to the...

Q:

Please use the IRAC Issue Rule ( already provided) Analysis and Conclusion Allthequestionsbelowrelyonthisfactpattern(CE8):ChelsieHochesterisasuccessful...

Q:

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

1.A guest with a one-night guaranteed reservation at a hotel did not show. The hotel was not able to rent the room to someone else. For which of the following is the guest liable to the hotel? Group...

Q:

In regards to the following law case : KEVIN ROONEY, PLAINTIFF,v.MICHAEL GERARD TYSON, DEFENDANT. 91 N.Y.2d 685, 697 N.E.2d 571, 674 N.Y.S.2d 616 (1998). June 4, 1998 USCOA,2 No. 76 [98 NY Int. 0060]...

Q:

Damon Cha is employed as a project manager with Real Estate Development Ltd (REDL), a Hong Kong company that conducts a property development business in Hong Kong. Damon has provided you with the...

Q:

Examine the Minitab output shown here for a multiple regression analysis. How many predictors were there in this model? Comment on the overall significance of the regression model. Discuss the t...

Q:

2 2 . KatCo applies overhead to production on the basis of machine hours in a standard costing system. The company reported the following data for the period just ended: Actual units produced 1 2 , 0...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...