Conditions ______ occur when the mutual duties of performance are to take place simultaneously.
A) precedent
B) concurrent
C) subsequent
D) consequential

Question

Quizplus · Accepted Answer

Concurrent conditions occur when the mutual duties of performance are to take place simultaneously. Precedent conditions refer to a condition that must be fulfilled before a party is obligated to perform, subsequent conditions refer to a condition that must be fulfilled after a party has already performed, and consequential conditions refer to the results of the parties' performance.

Conditions ______ Occur When the Mutual Duties of Performance Are