Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car as long as Peter tutors Carrie's son in math during the entire time Carrie is washing the car. This is an example of which type of conditional contract?
A) Condition precedent
B) Condition subsequent
C) Condition concurrent
D) Implied condition
E) The contract is not conditional.

Question

Quizplus · Accepted Answer

This is an example of a condition concurrent because the obligations of both parties (Carrie washing the car and Peter tutoring Carrie's son) must occur simultaneously for the contract to be fulfilled. Each party's performance is contingent upon the other's simultaneous performance.

Carrie and Peter Enter into a Contract in Which Carrie