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#contract #discharge #law
A condition precedent is a condition that must be satisfied before any rights come into existence. Where the coming into existence of a contract is subject to the occurrence of a specific event, the contract is said to be subject to a condition precedent. The contract is suspended until the condition is satisfied. Where a condition precedent is not fulfilled, there is no true discharge because the rights and obligations under the contract were contingent upon an event which did not occur, i.e. the rights and obligations never came into existence: Pym v Campbell (1856) 6 El & Bl 379.
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