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A conditional contract is enforceable as long as the party subject to the condition does not have a complete control over whether the condition is fulfilled.

Both contingent and conditional fees pay for performance by compensating the lawyer by a higher fee if the case is won. The main difference between contingent and conditional fees is that the former pays a percentage of the judgement whereas the latter pays a reward not related to the adjudicated amount.

A condition that must be satisfied before, or precedent, to the obligation of the performing duty to act. An example of this condition in contract law would be that I don't have to pay someone to shovel snow from my driveway until it has snowed and the party has shoveled the snow.

A conditional contract, also called a hypothetical contract, is a contract agreement that only requires performance once the delineated conditions are met. This legal agreement requires prior performance of another agreement or clause in order to be enforceable.

The crucial distinction therefore between a conditional contract and an option agreement is that under an option agreement the buyer/developer retains absolute discretion as to whether to buy the property.

In summary, conditional contracts can come in different forms, such as executory, option and contingent contracts. These contracts are only binding if certain conditions are met before or after the contract is signed, and they are often used in insurance and real estate transactions.

A conditional contract in insurance is a type of contract that is only valid if certain conditions are met. For example, a life insurance policy may have a provision that the policy will only pay out if the insured person dies within a certain period of time.

A conditional contract is an agreement or contract conditional upon a specific event, the occurrence of which, at the date of the agreement, is uncertain. A common example is a contract conditional upon the buyer getting planning permission.

A conditional contract is enforceable as long as the party subject to the condition does not have a complete control over whether the condition is fulfilled.

Both contingent and conditional fees pay for performance by compensating the lawyer by a higher fee if the case is won. The main difference between contingent and conditional fees is that the former pays a percentage of the judgement whereas the latter pays a reward not related to the adjudicated amount.

A condition that must be satisfied before, or precedent, to the obligation of the performing duty to act. An example of this condition in contract law would be that I don't have to pay someone to shovel snow from my driveway until it has snowed and the party has shoveled the snow.

A conditional contract, also called a hypothetical contract, is a contract agreement that only requires performance once the delineated conditions are met. This legal agreement requires prior performance of another agreement or clause in order to be enforceable.

The crucial distinction therefore between a conditional contract and an option agreement is that under an option agreement the buyer/developer retains absolute discretion as to whether to buy the property.

In summary, conditional contracts can come in different forms, such as executory, option and contingent contracts. These contracts are only binding if certain conditions are met before or after the contract is signed, and they are often used in insurance and real estate transactions.

A conditional contract in insurance is a type of contract that is only valid if certain conditions are met. For example, a life insurance policy may have a provision that the policy will only pay out if the insured person dies within a certain period of time.

A conditional contract is an agreement or contract conditional upon a specific event, the occurrence of which, at the date of the agreement, is uncertain. A common example is a contract conditional upon the buyer getting planning permission.