How are "conditions" defined in the context of contracts?

In the context of contracts, conditions are typically understood as core terms that form the basis of the agreement between parties. When a condition is breached, it signifies a violation of a fundamental aspect of the contract, which grants the non-breaching party the right to terminate the contract and/or seek damages. This understanding aligns with the legal principle that certain terms are essential to the purpose of the contract, and their fulfillment is necessary for the continuance of the agreement.

Options that suggest conditions are merely minor terms or not enforceable do not accurately capture the significance of conditions in contract law. Additionally, the notion that terms must be verbally agreed upon to be binding misrepresents the legal framework surrounding contracts, which recognizes that agreements can be formed through various means, not limited to verbal communication. Hence, the definition of conditions as core terms allowing for termination or damages is the most accurate interpretation in the context of contract law.