Asked by Caitlin Gamble on Jul 05, 2024
Verified
Which of the following is a condition subsequent?
A) "I promise to do X if I succeed in getting a loan."
B) "I promise to do X on the condition that the Cubs win the World Series."
C) "I promise to do X unless Al Gore is elected President in 2000."
D) "I promise to do X assuming that inflation stays below 3% in 1997."
Condition Subsequent
A condition in a contract that, when it occurs, terminates an existing obligation, making the contract's terms no longer binding.
Al Gore
A former Vice President of the United States who has been notably active in raising awareness about global warming and environmental issues.
- Examine the impact of a condition subsequent on contractual duties.
Verified Answer
BG
Brianna GuzmanJul 12, 2024
Final Answer :
C
Explanation :
A condition subsequent is a future,uncertain event that discharges the duty to perform.When a duty is subject to a condition subsequent,the duty to perform arises but is discharged if the future,uncertain event occurs.
Learning Objectives
- Examine the impact of a condition subsequent on contractual duties.