Which of the following statements is the best description of a 'condition'?
A) A term in a contract which cannot be classified until after the breach has occurred and the seriousness of the effects of the breach can be ascertained.
B) An essential term in a contract,non-performance of which may result in rescission and/or damages to the plaintiff.
C) A term which must be satisfied before a contract can come into existence.
D) A term in a contract which provides that the contract will terminate on the happening of a particular event.
Correct Answer:
Verified
Q7: If one of the parties had a
Q8: In the case of a written contract,the
Q9: Why was the statement found not to
Q10: What was the reason for the decision
Q11: Which of the exceptions to the parol
Q13: Which of the following statements is incorrect?
A)The
Q14: If a collateral contract is inconsistent with
Q15: What was the reason for the decision
Q16: Which of the following is NOT necessary
Q17: Where there is an oral contract,it is
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