Examlex
Which of the following statements about social control mechanisms in the state is correct?
Concurrent Conditions
Circumstances where two or more conditions must occur at the same time for a contract or agreement to be fully enforceable.
Conditions Precedent
Requirements that must be met before a contract becomes effective or before certain actions can be taken.
Conditions Subsequent
Conditions that must be met after a contract has been executed in order for the contract to remain effective.
Condition Precedent
A specific event or action that must occur before a contract becomes binding or a party is required to perform their contractual obligations.
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