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QUESTION
Define what a condition is used for in a contract and distinguish conditions precedent from conditions subsequent. Give examples of both a condition...
Define what a condition is used for in a contract and distinguish conditions precedent from conditions subsequent. Give examples of both a condition precedent and subsequent.
Conditions are used in a contract to state the rights and obligations among the parties within the contact and this occurs when a contract is entered into, or awarded (Business Dictionary, 2015)....