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 noun [C]. âº LAW a previous âaction or decision that can be used as a reason for âallowing something else: The âruling can âserve as a precedent to âchallenge other similar âcases. A âjudgement against the âfund could set a precedent for âcompensation âpayments to more of its 6,000 âinvestors. This is an experiment without precedent in âeconomic âhistory.a bad/dangerous/good precedent This âlaw sets a very dangerous precedent for all âbusinesses.