What does a conditional contract require?

A conditional contract requires that both parties must perform certain duties or obligations that are contingent upon specific conditions being met. This means that the contract will only become enforceable once those conditions are satisfied. In practical terms, if one party's performance is dependent on the completion of an action or event by the other party, then each party has a responsibility to fulfill their part under the agreed-upon conditions. This concept is essential in many areas of law and agreement, as it creates a framework for the expectations that each party has in the contractual relationship.

The other options do not accurately describe the requirements of a conditional contract. For instance, stating that one party must act to make the contract valid suggests a unilateral obligation, which doesn't capture the mutual responsibilities inherent in a conditional contract. Furthermore, suggesting that it is independent of any conditions is incorrect because by definition, a conditional contract relies entirely on the presence or absence of certain conditions to determine its validity. Lastly, while many contracts may need to be in writing to be enforceable, not all conditional contracts have this requirement; some can also be verbal agreements, depending on jurisdictional regulations regarding contract law.