18:51
medicine is a scam
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
disjunctive condition
Read a random definition: R AND D
A quick definition of disjunctive condition:
A disjunctive condition is a type of condition in a contract where the performance of one of several acts is required. For example, if a contract states that a payment will be made upon completion of either a project or a report, the disjunctive condition is fulfilled when either the project or the report is completed. It is important to fulfill all conditions in a contract to ensure that all parties involved receive what they agreed upon.A more thorough explanation:
DISJUNCTIVE CONDITION
A disjunctive condition is a type of condition in a contract that requires the performance of one of several acts. For example, if a contract states that a payment will be made if either Party A completes a task or Party B completes a different task, then the condition is disjunctive. The occurrence of any one of the acts will satisfy the condition.
- A contract states that a payment will be made if either Party A delivers the goods by a certain date or Party B provides a certificate of completion. This is a disjunctive condition because the occurrence of either act will satisfy the condition.
- A lease agreement states that the tenant must either pay the rent on time or provide a security deposit. This is also a disjunctive condition because the occurrence of either act will satisfy the condition.
These examples illustrate how a disjunctive condition allows for flexibility in fulfilling the terms of a contract. As long as one of the specified acts is completed, the condition is satisfied and the obligation is fulfilled.