A Term in a Contract That Says That on the Occurrence

question 166

Multiple Choice

A term in a contract that says that on the occurrence of a specific event the parties' obligations will end is an example of a

• A) condition subsequent.
• B) condition precedent.
• C) discharge by frustration.
• D) tender of performance.
• E) discharge by agreement.

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Definitions:

Industrial Products

Products sold primarily for use in producing other products.

Customer Service

The support and assistance provided by a company to the users of its products or services before, during, and after a purchase.

Product Guarantees

Promises made by the seller or manufacturer about the quality or lifespan of a product, providing assurance to the buyer.

Salesperson's Presentation Mix

A salesperson's presentation mix involves the combination of verbal communication, visual aids, demonstrations, and personal selling techniques used to effectively engage and persuade a potential customer.