Mary has a contract to buy Jena's house. The contract says that Mary's obligation to go through with the purchase is contingent upon Mary selling the house she currently owns. This is an example of a _________________.
a. Condition precedent
b. Condition subsequent
c. Condition concurrent
d. Constructive condition
Ans: a. Condition precedent
Business
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A) assisting the principals in reaching an agreement B) studying the issue in a dispute and suggesting a settlement C) making a public recommendation to a committee D) giving a third-party the power to determine and dictate the settlement terms
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An ethics program can clarify what a company considers to be unacceptable conduct
a. True b. False Indicate whether the statement is true or false
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