Which if the following is a distinguishing characteristic of a "condition precedent"?
A) It prevents a contract from coming into existence if a particular condition is not met.
B) It relieves a party from performing a contract if a particular condition is not met.
C) It is a term that,if breached,entitles the other party to cancel the contract.
D) It permits a party to limit liability for damages.
Correct Answer:
Verified
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