Which of the Following Is True of Covenants and Conditions

question 59

Multiple Choice

Which of the following is true of covenants and conditions?

• A) A covenant is a conditional promise to perform.
• B) A condition becomes a covenant if the condition is met.
• C) A contract cannot contain conditions to excuse performance.
• D) A party cannot sue over breach of a covenant by the other party.

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Definitions:

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses the insured for expenses incurred from illness or injury.

Performance Compensation

A pay system where employees' remuneration is directly linked to their performance or the outcomes they achieve.

Employees' Control

The extent to which workers have power or influence over their work environment and decision-making processes.

Variable Salary

A compensation structure where a portion of an employee's pay is based on some form of performance measure, leading to fluctuations in earnings.