Which One of the Following Statements Accurately Describes the Operation

question 101

Multiple Choice

Which one of the following statements accurately describes the operation of a condition precedent?

• A) This occurs when one party shows up at the right time and place ready, willing, and able to carry out his obligations under the contract.
• B) This is a term in a contract that must be met before the contract becomes fully operational.
• C) This occurs when some event that the parties have not anticipated makes performance radically different from what they agreed to.
• D) There is no such thing recognized in the common law.
• E) This is a term in a contract that provides for the cessation (ending) of the parties' obligations upon the occurrence of some particular event.

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Definitions:

Agriculture

The science, art, and practice of cultivating plants and livestock.

Temperate Deciduous Forests

Biomes characterized by four seasons, including a distinct winter, and dominated by trees that lose their leaves annually.

Tropical Rain Forests

Biomes located around the Earth’s equator, characterized by high rainfall, diverse species of flora and fauna, and a constant warm temperature throughout the year.

Sunlight Penetrating

The process by which sunlight makes its way through the Earth's atmosphere to reach the surface, providing light and warmth essential for life.