An uncertain future event,the occurrence of which is necessary for the existence of a contractual obligation is called:
A)a condition precedent
B)a condition subsequent
C)a concurrent condition
D)a constructive condition

Question

Quizplus · Accepted Answer

A condition precedent is a future,uncertain event that creates the duty to perform.If the condition does not occur,performance does not become due.

An Uncertain Future Event,the Occurrence of Which Is Necessary for the Existence