Which of the Following Statements Is TRUE with Respect to Various

question 4

Multiple Choice

Which of the following statements is TRUE with respect to various uses of the word "condition" as that word was used in Chapter 11?

• A)A condition subsequent suspends the creation of a contract until a certain event has occurred.
• B)A condition precedent always leads to the existence of secondary obligations.
• C)If a condition subsequent is not satisfied,then the contract is rescinded.
• D)A party who fails to perform a condition may be held liable for damages.
• E)A contract cannot involve both a condition subsequent and a true condition precedent.

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Definitions:

Indicators

Measurable variables used to show the presence or state of a condition or trend.

Reliable

Reliable describes something or someone that consistently performs well or can be depended upon to provide accurate and trustworthy results.

Valid

The state of being logically or legally sound; having force, or binding force; effectively supporting a specified point or claim.

Variable

A characteristic or attribute that can vary or be changed, often used in research to measure or test hypotheses.