Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car if Peter tutors her son in math and her son gets at least a B+. This is an example of which type of conditional contract?
A) Condition Precedent
B) Condition Subsequent
C) Condition Concurrent
D) Implied condition
E) The contract is not conditional.

Question

Quizplus · Accepted Answer

This is an example of a Condition Precedent because the obligation to perform (Carrie washing Peter's car) is dependent on a specific event occurring first (Peter tutoring Carrie's son in math and the son receiving at least a B+).

Carrie and Peter Enter into a Contract in Which Carrie