Lisa is doing some landscaping around her house and ordered a delivery of topsoil.Her contract with the landscape supply company states that the payment for the topsoil must be paid when the truck arrives at her house to deliver the soil.The requirement that payment be made on delivery is an example of a concurrent condition.

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A concurrent condition is a contractual condition in which the performance of two obligations is dependent on each other, meaning that one party's obligation to perform is contingent upon the other party's fulfillment of their obligation. In this case, the landscape supply company's obligation to deliver the topsoil is contingent upon Lisa's obligation to pay for it on delivery, making it an example of a concurrent condition.

Lisa Is Doing Some Landscaping Around Her House and Ordered