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module five performance and bdocHub in this module well look at performance under a contract and conditional promises will also consider defenses to performance such as impossibility impracticability and frustration of purpose lastly well consider available remedies when one party bdocHubes a contract conditions sometimes contractual promises may be conditional a condition is an event not certain to occur which must occur unless its non occurrence is excused before performance under a contract becomes due an express condition is one that is explicitly stated in the agreement an implied condition is one that arises by implication based on the nature of the transaction or conduct by the parties a condition proceeding is a factor event which must exist or take place before there can be a duty to perform if the condition does not occur a party is not obligated to perform non occurrence of the condition is not a bdocHub of contract for example if a party agrees to purchase a home on the con