Which of the Following Statements Is TRUE with Respect to Various

question 3

Multiple Choice

Which of the following statements is TRUE with respect to various uses of the word "condition" as that word was used in Chapter 11?

• A) A party who fails to perform a condition may be held liable for damages.
• B) A contract cannot involve both a condition subsequent and a true condition precedent.
• C) A condition subsequent suspends the creation of a contract until a certain event has occurred.
• D) A true condition precedent usually leads to the existence of secondary obligations.
• E) If a condition subsequent is not satisfied, then the contract is rescinded.

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Definitions:

Litigation Process

The sequence of steps that occur in a legal proceeding from the initial complaint to the final judgment or settlement.

Motion to Dismiss

A legal document filed by a defendant, requesting the court to terminate a case on the basis that the complaint, even if true, does not provide a legal basis for action.

Supporting Documents

Additional materials provided to supplement and corroborate information contained in a primary document.

Complaint Sections

Parts of a legal complaint document detailing the facts, legal basis, and specific demands for relief.