Distinguish Between a Condition Precedent and a Condition Subsequent

question 150

Essay

Distinguish between a condition precedent and a condition subsequent.

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Definitions:

Monitor

A device used for observing, checking, or keeping a continuous record of a process or quantity.

Effectiveness

The degree to which something is successful in producing a desired result; the ability to achieve specified goals.

Stated Goals

Explicitly expressed objectives or targets that an individual, group, or organization aims to achieve.

High Profit

A term denoting a substantial financial gain that significantly exceeds the costs and expenses of doing business.