Asked by Maruping Modupi on Sep 30, 2024
Roe promises to build a house for Crown for which,Crown agrees to pay him $10,000 when the house is complete.This example is related to the concept of:
A) express condition.
B) constructive condition.
C) subsequent condition.
D) implied condition.
Express Condition
A clearly defined and articulated term or stipulation within a contract that must be met for the contract to be fulfilled.
Implied Condition
A term or condition in a contract not expressly stated but assumed to exist based on the nature of the agreement and the parties' intentions.
Constructive Condition
A condition inferred by law in contracts, implying that certain promises must be fulfilled before other corresponding duties are required.
- Comprehend the different forms of contract conditions and their consequences on contractual commitments.
Learning Objectives
- Comprehend the different forms of contract conditions and their consequences on contractual commitments.
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