A Contract Between a Retailer and a Supplier Provides That

question 60

Multiple Choice

A contract between a retailer and a supplier provides that payment is due upon delivery of goods by the supplier. The retailer's duty to pay and the supplier's duty to deliver constitutes ________.

• A) an implied condition
• B) a condition precedent
• C) a condition subsequent
• D) concurrent conditions

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Definitions:

Einsiedel

Einsiedel traditionally refers to a place name or family name of German origin and may not pertain to a universal key term in the context given.

Projects Unique

Every project is unique in its objectives, constraints, stakeholders, and resources, requiring tailored planning and management approaches.

Managing Client's Expectations

Efforts to ensure clients’ expectations align with what can reasonably be delivered, aiming for satisfaction and trust.

Key Dates

Critical milestones within a project timeline that indicate important deadlines or events which could affect the project's overall schedule and success.