Quiz 18: Performance and Remedies

Business

True Explanation: In the performance stage of a contract,when a party's duty is unconditional,he has the duty to perform unless his performance is excused.

True Explanation: When a promisor's duty is conditional,his duty to perform is affected by the occurrence of the condition.

False Explanation: A condition subsequent is a future,uncertain event that discharges the duty to perform.When a duty is subject to a condition subsequent,the duty to perform arises but is discharged if the future,uncertain event occurs.

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