Which of the following are types of conditions that affect the performance obligations of the parties?

A) Conditions precedent and subordinate conditions
B) Conditions subsequent and executory conditions
C) Concurrent conditions and conditions subsequent
D) Conditions precedent,conditions subsequent,and concurrent conditions
E) Conditions precedent and executed conditions

Conditions Precedent

Legal terms that must be met before a party is required to perform under a contract.

Executory Conditions

Provisions in a contract that require certain actions to be performed before an obligation becomes absolute.

Concurrent Conditions

In a contract, terms under which each party’s performance is conditioned on the performance of the other; occur only when the parties are required to perform for each other simultaneously.