California Codes, Civil Code - CIV, Division 3 — Obligations, Part 1 — Obligations in General, Title 2 — Interpretation of Obligations, Chapter 3 — Conditional Obligations, Section 1434
An obligation is conditional, when the rights or duties of any party thereto depend upon the occurrence of an uncertain event.
Notes
Defines a conditional obligation as one in which a party’s rights or duties depend on the occurrence of an uncertain event. The defining feature is uncertainty about the triggering event, with the contractual right or duty contingent on whether that event occurs.
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Lexinter.net | California Code, Civil Code - CIV § 1434 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-1/title-2/chapter-3/section-1434