Conditional Contract Agreement Between Wally and Joe

10 Nov 2023

What kind of agreement do Wally and Joe have regarding Wally's fishing store?

A. Fixed-term Contract

B. Conditional Contract

C. Oral Agreement

D. Written Agreement

Answer:

B. Conditional Contract

Wally and Joe have a conditional contract agreement regarding Wally's fishing store. This means that Wally's obligation to pay Joe $1000 per month is contingent upon the fishing store remaining in operation. If the store dissolves, Wally's obligation to pay Joe will cease.

← How to analyze real estate sales data in excel How to avoid liability in contractual relationships →

› A Small Business Owner's Economic Profit Analysis
› Calculate Ending Amount of Raw Materials for Marigold Inc.
› Following Negotiations on a Transaction and the Use of Letter of Credit
› The Impact of Vagrants During Economic Crises
› Poetry Analysis: The Sun Also Rises by Ernest Hemingway
› Exciting News for Endangered Birds: Resumed Nesting Activities!
› What is the proper term to refer to a single unit of IP data?
› Exciting Insights on SEO Techniques!
› What is Drawbar Horsepower?
› Density of the Metal Experiment
› The Importance of the Mole Concept in Chemistry
› Unlocking Efficiency in Chemical Reactions with Microwave Heating

What kind of agreement do Wally and Joe have regarding Wally's fishing store?

Answer:

More Posts: