1) Conditional statements relate two parts - a hypothesis (if part) and a conclusion (then part). If the hypothesis is true, then the conclusion must be true as well.
2) The converse of a conditional statement switches the hypothesis and conclusion. The inverse negates both parts. The contrapositive obtains the inverse and then switches parts.
3) A biconditional statement uses "if and only if" to join a conditional statement with its converse when both are true. This creates a single statement expressing their relationship.