Post Utme Delsu 2019 Commerce Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Delsu Commerce examination.

Post Utme Delsu 2019 Commerce Objective / Multiple Choice

Question 1 POST_UTME_DELSU • 2019 • COMMERCE • objective

In a contract of sale, what is the legal effect of a condition precedent?

A. The contract becomes binding as soon as the condition is fulfilled.

B. The contract is automatically terminated if the condition is not fulfilled.

Correct Answer C. The contract is suspended until the condition is fulfilled.

D. The contract is void ab initio.

Correct Answer

Correct Option:

The contract is suspended until the condition is fulfilled.

This is Post Utme Delsu 2019 Commerce Question 1. It is one of the objective questions from the 2019 Post Utme Delsu Commerce examination.

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