Asked by
Engham Zoubie
on Nov 10, 2024Verified
A condition precedent is an example of a contract being ended by agreement.
Condition Precedent
A specific condition or event that must occur before a contract becomes effective or before a party is obligated to fulfill their part of the contract.
Ended by Agreement
A situation where a contract or arrangement is terminated through mutual consent of all parties involved.
- Comprehend how contracts can be terminated by agreement or by law.
Verified Answer
EV
Learning Objectives
- Comprehend how contracts can be terminated by agreement or by law.