Works Cited. 1  Armenti, Peter. 2  Berkin, Carol.  3 Phillis Wheatley.. 4  Sewall-Belmont House, Black Women in America, Peake Delancey, 2003. 5  Weatherford, Doris. 6  Zuck, Rochelle Raineri. 7  IMAGE: Library of Congress.
Condition Precedent. DEFINITION of 'Condition Precedent'. A legal term describing a condition or event that must come to pass before a specific contract is considered in effect or any obligations are expected of either party. There may also be condition precedents in the ongoing life of a contract, which simply state that if condition X occurs, event Y will then occur.
Precedent is a legal principle or rule that is created by a court decision. This decision becomes an example, or authority, for judges deciding similar issues later. Stare decisis is the doctrine that obligates courts to look to precedent when making their decisions.