Malik Is a Professional Soccer Player in Canada

question 50

Multiple Choice

Malik is a professional soccer player in Canada.He is contacted by Health First Solutions from Italy and they propose to have him endorse a new product that will boost lung capacity and help people become better long-distance runners and quicker sprinters.Malik agrees subject to one condition,that the product receives approval from the Canadian government.What kind of condition has Malik enforced?

• A)A condition subsequent: a contractual term that states that an agreement will come into existence only if the product is approved
• B)A true condition precedent: a contractual term that states that an agreement will come into existence only if and when the product is approved
• C)A condition precedent: a contractual term that states that an agreement will come into existence only if and when the product is approved
• D)A condition subsequent: a contractual term that states that the agreement will be terminated if a certain event occurs
• E)A true condition precedent: a contractual term that states that the agreement will come into existence and the enforcement of the primary obligations will be suspended,but secondary obligations have to be performed

---

Definitions:

Microwave Ovens

Appliances that use microwave radiation to cook or heat food, offering a quick and convenient method of food preparation.

General Equilibrium

A condition in an economy where supply and demand are in balance across all markets simultaneously.

Consumer Preferences

The subjective tastes and desires that dictate the choices made by consumers regarding goods and services they wish to purchase.

Equilibrium Prices

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in the market.