A Condition That Must Be Fulfilled Before a Party's Performance

question 29

True/False

A condition that must be fulfilled before a party's performance can be required is a condition subsequent.

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Definitions:

Clear Objectives

Precisely defined goals or targets that an individual, group, or organization aims to achieve.

Standards of Conduct

Guidelines and expectations for behavior within a professional setting, aiming to ensure ethical and respectful interactions.

Social Media Policy

A Social Media Policy outlines the guidelines and protocols for how an organization and its employees should conduct themselves online, including content sharing, privacy, and communication etiquette to protect brand reputation.

Online Statements

Digital versions of account summaries, transactions, or bills, typically accessed via internet banking or online platforms, allowing users to view, download, or print them.