Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for a covenant not to compete. The contract calls for Hal and Sophia to pay $300,000 now and 10% of the gross sales of the restaurant and frozen food to Jack for the next ten years. There is a clause in the contract that states if the revenue dips below $50,000 per year, that Jack would then get back the rights to sell the frozen food himself. This clause is:
A. a concurrent condition.
B. a condition subsequent.
C. a condition precedent.
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