The provision that the seller will release Maurice from any obligation if he lost his job is referred to as which of the following?
A) A condition subsequent
B) A condition precedent
C) A bona fide condition
D) A condition concurrent
E) An exculpatory condition

Question

Quizplus · Accepted Answer

A condition subsequent is a future event that terminates the obligations of the parties when it occurs.

The Provision That the Seller Will Release Maurice from Any