answersLogoWhite

0

What is a condition precedent?

Updated: 8/16/2019
User Avatar

Wiki User

16y ago

Best Answer

A condition precedent is a fact [act or event] which must exist or occur before a duty of immediate performance of a promise arises. (A condition precedent initiates a duty). Example, taken from law. com law dictionary: If the ship makes it to shore, the buyer agrees to pay for the freight on the ship and then unload it.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a condition precedent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are two types of discharge by agreement?

Condition subsequent and condition precedent.


Condition precedent and subsequent?

Condition precedent is a term in a contract that means the parties do not have to perform under the contract until a certain event takes place. Condition subsequent means that a contract is in effect until a particular event takes place.


What is a Clause in document that introduces a condition or qualification called?

Depending on when the condition is expected to be performed, it is either a conditon precedent or a condition subsequent.


What two types of precedent are there in doctrine of precedent?

binding(mandatory) precedent persuasive precedent


An appeal to precedent is a type of?

an appeal to precedent is a type of an appeal to precedent is a type of


To what extent are precedent are binding or not binding?

it depends on how old the precedent is, how closely related is it to the case you are looking at and the difference between your precedent and crown/defense lawyer's precedent


Should you say set a precedence or precedent?

precedent


What term describes a ruling in an earlier legal case that is similar to a current case?

Precedent


What does it mean when a judge uses precedent to arrive at an opinion?

precedent


How do you put precedent into a sentence?

This to a large extent sets a precedent for the rest of the exhibition


What is something done or said that becomes an example for others to follow?

Precedent


What is the root word of precedent?

The root word of "precedent" is "precede," which comes from the Latin word "praecedere," meaning "to go before" or "to precede."