What Is the Legal Effect of a Condition Precedent

question 14

Multiple Choice

What is the legal effect of a condition precedent?

• A) It prevents a contract from coming into existence if a particular condition is not met.
• B) It relieves a party from performing a contract if a particular condition is not met.
• C) It is a term that,if breached,entitles the other party to cancel the contract.
• D) It permits a party to limit liability for damages.

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Definitions:

Conception

The process of a sperm fertilizing an ovum, resulting in the formation of a zygote and the beginning of pregnancy.

Genetic Instructions

The information encoded in an organism's DNA that guides growth, development, and functioning.

Gelatinous Layer

A viscous coating found on many aquatic organisms, which plays roles in protection and adhesion.

Ova

The female reproductive cells or eggs in animals and plants, capable of developing into a new individual upon fertilization.