Asked by
Victoria Deniega
on Nov 30, 2024
Verified
A contract may condition the performance of a party upon the approval of a third party.
Third Party
An individual or group other than the two primarily involved in a transaction or legal situation.
Contractual Duties
Obligations imposed by a contract, requiring parties to act (or refrain from acting) in certain ways in fulfillment of the agreement's terms.
- Comprehend the role conditions precedent and subsequent play in specifying the duties of parties involved in a contract.
Verified Answer
NU
Learning Objectives
- Comprehend the role conditions precedent and subsequent play in specifying the duties of parties involved in a contract.