If a Contract Contains a Condition Precedent It Means That

question 112

Multiple Choice

If a contract contains a condition precedent it means that

• A) something must take place in the future before a contracting party has a duty to perform.
• B) courts will award the nonbreaching party with consequential damages for failure to perform by the breaching party.
• C) performance must be completely achieved according to contract specifications or the contract is breached.
• D) impossibility of performance will not be an acceptable excuse for nonperformance.
• E) both the contracting parties have a simultaneous duty to perform.

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Definitions:

Third Energy Level

The third energy level in an atom is the third shell that surrounds the nucleus, where electrons can be found.

Protons

Positively charged particles found within atomic nuclei that, along with neutrons, define the atomic mass.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonds and electricity.

Hydrogen Bonds

Weak bonds that form between a hydrogen atom in one molecule and a more electronegative atom, such as oxygen or nitrogen, in another, playing critical roles in the structure of DNA and proteins.