The effect of a condition precedent is that the contract does not come into effect unless the condition is satisfied.

Name: The effect of a condition precedent is that the contract does not come into effect unless the condition is satisfied.
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A condition precedent is a condition that must be fulfilled before a party's contractual obligation becomes binding. If the condition is not satisfied, the contract does not come into effect.

The Effect of a Condition Precedent Is That the Contract