Concurrent conditions arise when each partie's performance is the condition for the other partie's performance.

Name: Concurrent conditions arise when each partie's performance is the condition for the other partie's performance.
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Question

Quizplus · Accepted Answer

In concurrent conditions, the performance of each party is a condition for the other party's performance. Therefore, both parties must perform their obligations concurrently, which leads to the term "concurrent conditions."

Concurrent Conditions Arise When Each Partie's Performance Is the Condition