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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