Telling your broker to sell a particular stock when it reaches $50 a share is a condition precedent.

Name: Telling your broker to sell a particular stock when it reaches $50 a share is a condition precedent.
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Quizplus · Accepted Answer

A condition precedent is an event or state of affairs that must occur before something else is required or happens. In this case, the instruction to sell the stock is contingent upon the stock reaching $50 a share, making it a condition precedent.

Telling Your Broker to Sell a Particular Stock When It