Eton and Fiona sign a contract by which Eton agrees to deliver a washing machine on July 31 in exchange for Fiona's promise to pay the $500 purchase price on July 31.The delivery of the washing machine and the payment of $500 are examples of
A)conditions precedent.
B)concurrent conditions.
C)conditions subsequent.
D)speculative conditions.

Question

Quizplus · Accepted Answer

The delivery of the washing machine and payment of the purchase price are dependent on each other and are expected to occur simultaneously. This makes them examples of concurrent conditions.

Eton and Fiona Sign a Contract by Which Eton Agrees