conditional contract
Definition
A legal agreement that requires the prior performance of another agreement or clause in order to be enforceable. A conditional contract remains conditional and performance under its terms is suspended until the required conditions are met. Also called a hypothetical contract.
Related Articles
- Less Popular Types of Bonds *
- Investing In Forex Options *
- What are Dividends? *
- Purchasing Real Estate in Brazil *
- Information on the Less Commonly Used Types of Insurance *
- Introduction to Stocks *
- Being a Savvy Investor AND a Small Business Owner *
- Fraud and Dispute Resolution *
Related Videos
http://www.businessdictionary.com/definition/conditional-contract.html
