What Is Express Condition in a Contract
The Term Express Condition Refers to an Explicit Contractual Provision Under Which Either: (1) a Party to a Contract Does Not Come Under a Duty to Perform...
The term express condition refers to an explicit contractual provision under which either: (1) A party to a contract does not come under a duty to perform unless and until a designated state of affairs occurs or fails to occur, or (2) If a designated state of affairs occurs or fails to occur a party’s duty to perform a …
What words express conditions?
A condition can be expressed by using conjunctional phrases such as in case. In case it rains, I shall put on my rain coat. In case you are not satisfied with the product, you can send it back. Supposing you don’t win the prize, what will you do?
What is an express condition precedent?
Terms: Express Conditions: Conditions which are explicitly stated in the contract. Conditions Precedent: A condition that must be satisfied before the performing party has a duty to perform.