Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

17.In a contract with a __________, an event must occur before the parties to a contract are obligated to perform. Multiple Choice concurrent condition commensurate

17.In a contract with a __________, an event must occur before the parties to a contract are obligated to perform.

Multiple Choice

  • concurrent condition
  • commensurate condition
  • condition subsequent
  • condition precedent
  • 18. In a contract with a __________, contracting parties have bound themselves to perform unless a specified event occurs. Multiple Choice condition precedent condition subsequent concurrent condition commensurate condition
  • 19. Which of the following is correct regarding a conditions concurrent clause? It specifies that an event must occur before one or both parties are obligated to perform their contractual duties. It indicates that each party's performance is independent of the other. It excuses performance if a future event transpires that would make the performance of either party substantially difficult. It specifies that the parties must perform their contractual duties at the same time.
  • 20 When a court issues an order that may either require or forbid a party to perform a specified act, the court has issued a(n) __________. Multiple Choice rescission quasi-contract reformation injunction

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

8th Canadian Edition

111950242X, 1-119-50242-5, 978-1119502425

More Books

Students also viewed these Accounting questions

Question

NJIT computer science CS 6 0 8 final exams

Answered: 1 week ago