BLAW 3201 Study Guide - Bankruptcy Discharge, Sweatshop
Document Summary
Definition of a condition- an event whose happening or nonhappening affects a duty of performance. Express condition- contingency explicitly set forth in language. Uses words such as provided that, if, while, etc. Satisfaction- express condition making performance contingent upon one party"s contracts to pay completes beautifully, he. If unreasonable, by reason of the approval of the other"s performance. Ex: assume that taylor melissa make a suit of clothes to brent"s satisfaction, and that brent promises to. Melissa for the suit if he is satisfied with it when completed. She the suit with materials ordered by brent. Though the suit fits brent tells melissa he is not satisfied with it and refuses to accept or pay for it. Brent"s dissatisfaction is honest and in good faith, even if it is. Melissa is not entitled to recover or any amount from brent nonhappening of the express condition. Subjective satisfaction- approval based upon a party"s honestly held opinion.
