Where the performance of a promise by one party depends on the prior performance of promise by the other party, such reciprocal promises fall under category of

Question

Quizplus · Accepted Answer

Reciprocal promises where the performance of one party depends on the prior performance by the other party are considered conditional and dependent, as one party's obligation is contingent upon the fulfillment of the other's promise.

Where the Performance of a Promise by One Party Depends