Contracts
A 'suspensive condition' in a Louisiana real estate contract is equivalent to a:
ALiquidated damages clause
BContingency clause — the contract is suspended until the condition is met✓ Correct
CTime is of the essence clause
DHoldover provision
Explanation
A suspensive condition (condition suspensive) in Louisiana Civil Law is equivalent to a contingency in common law contracts — it suspends the obligation until the specified condition is met (e.g.
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