Concurrent conditions arise when there is both a condition precedent and a condition subsequent.

Name: Concurrent conditions arise when there is both a condition precedent and a condition subsequent.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Concurrent conditions refer to situations where two or more parties are required to perform their obligations at the same time, not to the presence of both a condition precedent and a condition subsequent.

Concurrent Conditions Arise When There Is Both a Condition Precedent