A concurrent condition occurs when each party's performance is conditioned on the performance of the other.

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asked Mar 8, 2018 176k views

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Shivansh Goel · Answer 1 · 2018-03-14T11:48:40+0000

ANSWER - TRUE

In a contract, a concurrent condition occurs when it is required of the parties in the contract to perform for each other simultaneously. Under these terms the performance of each party is conditioned on the performance of the other.

A concurrent condition occurs when each party's performance is conditioned on the performance of the other.

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