Malik is a professional soccer player in Canada.He is contacted by Health First Solutions from Italy and they propose to have him endorse a new product that will boost lung capacity and help people become better long-distance runners and quicker sprinters.Malik agrees subject to one condition,that the product receives approval from the Canadian government.What kind of condition has Malik enforced?
A) A condition subsequent: a contractual term that states that an agreement will come into existence only if the product is approved
B) A true condition precedent: a contractual term that states that an agreement will come into existence only if and when the product is approved
C) A condition precedent: a contractual term that states that an agreement will come into existence only if and when the product is approved
D) A condition subsequent: a contractual term that states that the agreement will be terminated if a certain event occurs
E) A true condition precedent: a contractual term that states that the agreement will come into existence and the enforcement of the primary obligations will be suspended,but secondary obligations have to be performed
Correct Answer:
Verified
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