Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A condition: is created only when the phrase provided that or a similar phrase introduces it. is an event that must occur before a party

A condition:

is created only when the phrase "provided that" or a similar phrase introduces it.

is an event that must occur before a party becomes obligated under a contract.

must be expressly stated, although it can be created by informal language.

will not be enforced by the courts unless formal language is used, regardless of the intent of the parties to createa condition.

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

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

More Books

Students also viewed these Law questions