In Which of the Following Conditions Is a Party's Absolute

question 31

Multiple Choice

In which of the following conditions is a party's absolute duty to perform conditioned on the other party's absolute duty to perform?

• A) condition precedent
• B) condition subsequent
• C) concurrent condition
• D) implied condition

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Definitions:

Supply-Chain Strategies

Plans and methods developed to manage and improve the flow of goods and materials, information, and finances across the supply chain.

Standardized Data-Transmittal Format

A uniform method or protocol for sending and receiving data between different systems, ensuring compatibility and efficient processing.

Customization

The process of modifying products or services to meet specific customer requirements or preferences.

Mode Of Shipping

The method by which goods are transported from one location to another, e.g., by air, sea, road, or rail.