Question: What Are Conditions?

What are the consequences of breach of condition?

The common consequence is reduction of the contract price, remedy of the defect, compensation for damage and interest for delay.

It is only possible to rescind the contract when the breach is fundamental.

The parties may also agree on the consequences of the breach of agreement when making a contract or separately..

What are the conditions of acceptance?

Offers at common law required three elements: communication, commitment and definite terms. Communicated. The person making the offer (the offeror) must communicate his offer to a person who may then choose to accept or reject the offer (the offeree). Committed.

What does have a condition mean?

a particular state of being or existence; situation with respect to circumstances. the human condition. 2. something that limits or restricts something else; a qualification. you may enter only under certain conditions.

What does term mean in law?

specified period of timeAn expression, word, or phrase that has a fixed and known meaning in a particular art, science, or profession. A specified period of time. The term of a court is the legally prescribed period for which it may be in session.

What does condition mean?

1 : something essential to the appearance or occurrence of something else especially : an environmental requirement available oxygen is an essential condition for animal life. 2a : a usually defective state of health a serious heart condition. b : a state of physical fitness exercising to get into condition. condition.

What is the root of condition?

The Latin root of conditions is condicio, “agreement,” from condicere, “speak with” or “agree upon,” a compound of con-, “together,” and dicere, “say or speak.”

What is meant by human condition?

The human condition is all of the characteristics and key events that compose the essentials of human existence, including birth, growth, emotion, aspiration, conflict, and mortality.

What are the different types of conditions?

The types of conditions in a contract can vary, but common ones are conditions precedent, conditions concurrent and conditions concurrent.What Is a Condition in a Contract?Condition Precedent.Condition Concurrent.Condition Subsequent.Why Add Conditions to Your Contract?What Is a Breach of Contract?More items…

What does Uncondition mean?

1 : not conditional or limited : absolute, unqualified unconditional surrender unconditional love. 2 : unconditioned sense 2.

What is an example of a condition?

The definition of condition is the state something or someone is in or can also refer to a specific illness. An example of condition is a brand new sofa with no defects. An example of a condition is a harsh work environment. An example of a condition is a cold or the flu.

What are conditions in law?

A future and uncertain event upon the happening of which certain rights or obligations will be either enlarged, created, or destroyed. A condition may be either express or implied. A condition precedent must occur before a right accrues. …

What is a Potestative condition?

A potestative condition is a condition, the fulfillment of which depends upon the sole will of the debtor, in which case, the conditional obligation is void. … For this reason, it is considered void.

What is an example of a warranty?

For example, when you buy a new car from a car dealer, the warranty states that the car works. If the car doesn’t work, the warranty gives the owner the right to have the dealer fix the car under certain conditions (length of time, cause of damage, etc.). These conditions are typically spelled out in the warranty.

What does Anean mean?

ANEAN – relating to. TRANS – across. PORT – carry. ATION – state or action, changes verb to noun.

What is another word for condition?

Importance, claim to notice, regard. Find another word for condition. In this page you can discover 113 synonyms, antonyms, idiomatic expressions, and related words for condition, like: physical state, trim, state, ?, stipulation, cause, qualification, infirmity, limitative, disease and plight.

What is conditional obligation?

A conditional obligation is one the fulfillment of which is a subject to a certain condition which may be an event, which may or may not happen. It could be suspensive or resolutory. A suspensive condition is a future or uncertain event, the happening of which give birth to the obligation.

What is condition and warranty?

A condition is a stipulation which is essential to the main purpose of the contract. A warranty is a stipulation which is collateral to the main purpose of the contract. … For the breach of warranty, the affected party can claim damages only. 3. A breach of condition may be treated as a breach of warranty.

What are the characteristics of a condition?

Characteristics of a condition 1. Future AND uncertain 2. Past but unknown If future event, its very occurrent and the time of such occurrence must be UNCERTAIN. *A Condition must not be impossible (see art.