135k views
1 vote
_____ refers to the contractual terms under which each party’s performance is conditioned on the performance of the other.

User Ethan SK
by
8.5k points

1 Answer

2 votes
The term that best fills the statement would be "concurrent conditions." Concurrent conditions refer to the terms of the contract in which each party's performance is conditioned to the other. To add up, these conditions must be fulfilled by both parties. 
User Cloudberryman
by
8.0k points