The Provision That the Seller Will Release Maurice from Any

question 25

Multiple Choice

The provision that the seller will release Maurice from any obligation if he lost his job is referred to as which of the following?

• A) A condition subsequent
• B) A condition precedent
• C) A bona fide condition
• D) A condition concurrent
• E) An exculpatory condition

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Definitions:

Positive Correlation

A relationship between two variables where they both increase or decrease together.

Depression

A common and serious medical illness that negatively affects how one feels, thinks, and handles daily activities, characterized by persistent feelings of sadness and/or a lack of interest.

Heart Disease

A broad term for a range of diseases affecting the heart and blood vessels, often related to atherosclerosis or buildup of plaques in the walls of arteries.

Type B Personality

A personality style marked by relatively relaxed, patient, easygoing, amicable behavior.