Which of the following correctly expresses an important difference between a condition precedent and a condition subsequent?
A) The occurrence of a condition precedent keeps a contract alive, whereas the occurrence of a condition subsequent terminates the contract.
B) The contract is discharged if the condition precedent occurs, whereas the parties must be given time to "cure" if the condition subsequent occurs.
C) A condition precedent occurs before the parties reach an agreement, whereas a condition subsequent happens after the parties reach an agreement.
D) A condition precedent is governed by the Uniform Commercial Code (UCC), whereas a condition subsequent is governed by the Uniform Computer Information Transaction Act (UCITA).
A
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