Condition precedent: Difference between revisions
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The things you agree to do, or that must happen, before the other guy has to do what {{sex|he}} said he'd do. | {{a|glossary|}}The things you agree to do, or that must happen, before the other guy has to do what {{sex|he}} said he'd do. | ||
Not to be confused with [[consideration]], which is what you give {{sex|him}} in return for doing it. | Not to be confused with [[consideration]], which is what you give {{sex|him}} in return for doing it. So: I will lend you my car for ten quid, but before I give you the keys, you must prove you have insurance. The ten pounds is [[consideration]]; the insurance certificate is a [[condition precedent]]. | ||
This all reminds me of a story from the [[Jolly Contrarian]]’s youth. | |||
{{South African CLN}} | {{South African CLN}} | ||
{{egg}} | {{egg}} | ||
{{ref}} | {{ref}} |