Condition precedent: Difference between revisions

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The things you agree to do, or must happen, before the other guy has to do what he said he'd do. Not to be confused with [[consideration]], which is what you give him for doing it.
{{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.  


So: I agree to lend you my car for ten quid, but before I let you have the keys, you must give proof you have insurance. The ten pounds is consideration; the insurance certificate is a [[condition precedent]].
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.  
This all reminds me of a story from the [[Jolly Contrarian]]’s youth.  
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*[[Swap does not rhyme with crap]]
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