The provision that the seller will release Jacob from any obligation if he loses his job is a ________.
A)A condition concurrent
B)A condition subsequent
C)An exculpatory condition
D)A condition precedent
E)A bona fide condition

Question

Quizplus · Accepted Answer

A)A condition subsequent is a future event that terminates the obligations of the
parties when it occurs.
B)A condition subsequent is a future event that terminates the obligations of the parties when it occurs.
C)A condition subsequent is a future event that terminates the obligations of the parties when it occurs.
D)A condition subsequent is a future event that terminates the obligations of the parties when it occurs.
E)A condition subsequent is a future event that terminates the obligations of the parties when it occurs.

The Provision That the Seller Will Release Jacob from Any