Jose agrees to sell his car to Diego for $5,000 if he is accepted to Harvard Medical School.This contract is:

A) illusory.
B) subject to a condition precedent.
C) subject to a condition subsequent.
D) subject to concurrent conditions.

Question

Taylor Thomas · Accepted Answer

Final Answer : B, Explanation :  The contract is subject to a condition precedent, meaning that the sale of the car is dependent on Diego being accepted to Harvard Medical School. If Diego is not accepted, then the contract cannot be enforced.

Jose agrees to sell his car to Diego for $5,000 if he is accepted to Harvard Medical School.This contract is:

A) illusory.
B) subject to a condition precedent.
C) subject to a condition subsequent.
D) subject to concurrent conditions.

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Learning Objectives

Learning Objectives

Related questions

Jose agrees to sell his car to Diego for $5,000 if he is accepted to Harvard Medical School.This contract is:A) illusory.B) subject to a condition precedent.C) subject to a condition subsequent.D) subject to concurrent conditions.

Definitions

Learning Objectives

Learning Objectives

Related questions

Jose agrees to sell his car to Diego for $5,000 if he is accepted to Harvard Medical School.This contract is:

A) illusory.
B) subject to a condition precedent.
C) subject to a condition subsequent.
D) subject to concurrent conditions.