A condition precedent terminates a contract obligation upon the happening of an event in the future.
Correct Answer:
Verified
Q6: A waiver is whereby a party voluntarily
Q7: A contract clause requiring performance "to the
Q8: Implied conditions are stated in words in
Q9: No consideration is required to rescind an
Q10: Under Uniform Commercial Code Section 2-106(4), a
Q12: At common law, any failure by the
Q13: In discharge by substituted agreement, the parties
Q14: When performance cannot be undertaken except with
Q15: A substituted agreement may simply replace the
Q16: Under UCC Section 2-720, the use of
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