Contractual conditions may be either implied by law or expressly inserted into the contract by the parties.

Name: Contractual conditions may be either implied by law or expressly inserted into the contract by the parties.
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Question

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Contracts containing conditions that affect the performance obligations of the parties are called conditional contracts.The conditions may be either implied by law or expressly inserted into the contract by the parties.

Contractual Conditions May Be Either Implied by Law or Expressly