Final answer:
Stella and Beth's agreement outlines concurrent conditions as the delivery of corn and the payment for it happen simultaneously. Neither payment nor delivery is a condition precedent or subsequent; they are obligations that each party must fulfill together.
Step-by-step explanation:
When it comes to contracts and the conditions within them, understanding the relationship between actions or events is crucial. In the situation described, Stella and Beth have agreed that Stella will deliver the corn in two weeks and Beth will pay upon delivery. Here, both payment and delivery are conditional upon each other.
This is referred to as concurrent conditions, which means that the obligations of both parties occur simultaneously. Neither party is obligated to fulfill their part of the contract until the other is ready to do so. Notably, the delivery is not a condition precedent because Stella does not need to deliver the corn before Beth is obligated to pay.
Similarly, payment is not a condition precedent because Beth does not need to pay before Stella delivers the corn. Also, payment is not a condition subsequent as it does not follow the completion of a performance but rather occurs alongside it.
The correct answer is therefore A. Payment and delivery are concurrent conditions in the contract between Stella and Beth.