Which term describes an event that must occur at the same time as another condition?

• A. Tender
• B. Anticipatory breach
• C. Condition concurrent
• D. Donee beneficiary

Answer: (C)

Concurrent conditions describe events that must occur at the same time for performance to be due. In this setup, each party’s obligation hinges on the other party’s simultaneous performance. For example, in a closing, the seller must deliver title and the buyer must pay at the same moment; neither side is obligated to perform until the other is prepared to do so, and if one party delays, the other is typically released from performance. That simultaneous dependency is exactly what a concurrent condition specifies.

Tender refers to offering to perform, not the requirement that both sides perform at once. Anticipatory breach is when one party indicates they won’t perform when due. A donee beneficiary is a third party who benefits from a contract between others. These don’t capture the idea of events that must occur together for performance to proceed.