Which of the following statements is TRUE with respect to various uses of the word "condition" as that word was used in Chapter 11?
A) A condition subsequent suspends the creation of a contract until a certain event has occurred.
B) A party who fails to perform a condition subsequent may be held liable for damages.
C) If a condition subsequent is not satisfied, then the contract is rescinded.
D) A party who fails to perform a condition may be held liable for damages.
E) A true condition precedent always leads to the existence of secondary obligations.
Correct Answer:
Verified
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