Conditions Flashcards
1
Q
Conditions generally
A
conditions = an event
- If it happens –> have to perform
- if it doesn’t happen –> discharged
- “only if;” “unless;” “but for”
2
Q
Condition Precedent
A
condition will happen before K performance
3
Q
Condition Subsequent
A
condition happens after K performance
4
Q
Concurrent Condition
A
condition happens on day of contract performance
5
Q
Waiver of Condition
A
can be waived
“forget about it;” “don’t worry about it;” “do it anyway”
