Asked by Wendy Reynoso on Jun 24, 2024

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Distinguish between a condition precedent and a condition subsequent.

Condition Precedent

A contractual clause that requires certain conditions to be met before the contract becomes legally binding.

Condition Subsequent

A specific condition in a contract that, when it occurs, ends the contract's obligations.

  • Differentiate between conditions precedent and subsequent in contractual obligations.
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NM
Noelle MoodleyJun 28, 2024
Final Answer :
A condition subsequent involves the term of the contract that requires some event to take place that will bring the ongoing contractual relationship to an end (i.e., "until the project is ended"). A condition precedent involves the term of the contract that requires some event or condition to be met before the contractual obligation between the parties arises. This is the famous "subject to" clause.