A condition precedent
A) requires certain conditions be met before other conditions are required
B) is not legal in Contracts
C) should be avoided since it will usually delay payment
D) requires an attorney to mitigate the issue

Question

Quizplus · Accepted Answer

A condition precedent is a requirement that must be fulfilled before other conditions can be required. It is a common and legal element in contracts and is often used to ensure that certain obligations are met before payment or other actions are taken. While it may cause some delay, it is usually necessary to protect the interests of all parties involved. Depending on the complexity of the condition, an attorney may be needed to ensure that it is properly drafted and enforced.

A Condition Precedent