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Which of the following statements is true: a) Conditions are minor statements, and when breached, victims of the breach are relieved of obligations b) Conditions are terms essential to substantial performance, and when breached, victims of the breach are relieved of obligations Od Conditions are terms essential to substantial performance, and when breached, victims of the breach are still required to perform contract bligations

Which of the following statements is true: a) Conditions are minor statements, and when breached, victims of the breach are relieved of obligations b) Conditions are terms essential to substantial performance, and when breached, victims of the breach are relieved of obligations Od Conditions are terms essential to substantial performance, and when breached, victims of the breach are still required to perform contract bligations

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 20 Which of the following statements is true: O a) Conditions are minor statements, and when breached, victims of the breach are relieved of obligations Conditions are terms essential to substantial performance, and when breached, victims of the breach are relieved of obligations Ob) c) Od Conditions are terms essential to substantial performance, and when breached, victims of the breach are still required to perform contract obligations d) Conditions are minor statements, and when breached, victims of the breach are still required to perform contract obligations
Transcribed Image Text:Question 20 Which of the following statements is true: O a) Conditions are minor statements, and when breached, victims of the breach are relieved of obligations Conditions are terms essential to substantial performance, and when breached, victims of the breach are relieved of obligations Ob) c) Od Conditions are terms essential to substantial performance, and when breached, victims of the breach are still required to perform contract obligations d) Conditions are minor statements, and when breached, victims of the breach are still required to perform contract obligations
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