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:

Private Schools

Schools that operate independently of the public school system, often funded through tuition fees, private contributions, and endowments.

Public School

A school that is funded and run by the government and provides free education to students.

Budget Constraint

The limit on the consumption bundles that a consumer can afford given the prices of goods and the consumer's income.

Hot Dogs

A type of cooked sausage, traditionally grilled or steamed and served in a partially sliced bun.