Carrie and Peter Enter into a Contract in Which Carrie

question 14

Multiple Choice

Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car if Peter tutors her son in math and her son gets at least a B+. This is an example of which type of conditional contract?

• A) Condition Precedent
• B) Condition Subsequent
• C) Condition Concurrent
• D) Implied condition
• E) The contract is not conditional.

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Definitions:

Performance Opportunity

A situation that offers the chance for a better future if the right steps are taken.

Performance Results

The outcomes or outputs produced by an individual, team, or organization, measured against intended goals or standards.

Effective Control

The process of ensuring that organizational activities are proceeding as planned and correcting any significant deviations.

Measurement of Results

The process of quantitatively and qualitatively assessing the outcomes of an action or event, to determine the extent to which objectives and goals have been achieved.