The Distinction Between a Condition Precedent and a Condition Subsequent

question 36

Multiple Choice

The distinction between a condition precedent and a condition subsequent:

• A)is important because it determines whether the condition has to occur before or after the contract is made.
• B)determines who has the burden of proof.
• C)is important as it determines whether the conditions are concurrent.
• D)is important because it determines whether the condition must be express or whether it can be implied.

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Definitions:

Small-Scale Producers

Individuals or businesses engaged in the production of goods on a limited scale, often characterized by handcrafted or artisanal methods.

Dominant Class

Refers to the social group holding the most power, wealth, or influence within a society at a given time.

Livestock

Domesticated animals raised in an agricultural setting to produce commodities such as meat, milk, and wool.

Peons

Historically, laborers or workers in Latin America who were indebted to their employers, often working for little or no pay to pay off a debt.