KnockKnock is a manufacturer of stainless-steel locks which are well known for their durability.The company contacts a new supplier and forms a supply contract.The contract states that KnockKnock would only purchase steel from the supplier if the material supplied was high-grade Type 102 stainless steel.This is an instance of a ________.
A)condition subsequent
B)concurrent condition
C)covenant
D)condition precedent

Question

Quizplus · Accepted Answer

The contract establishes a condition precedent, which requires the supplier to provide high-grade Type 102 stainless steel before KnockKnock is obligated to purchase from them.

KnockKnock Is a Manufacturer of Stainless-Steel Locks Which Are Well