This feature is enhanced and merged with Business Rules Composer from V8.1 onwards. For latest documentation refer this link.

View the earlier version.Version 7.10

The Conditions and Actions are the ones which are used to create a Rule. The Conditions are used to define the business logic and Action defines the actions that are to be taken when a Condition is met. The Conditions are created by using logical operators, predicates and functions. Below example screenshot shows the conditions that are used for the ESB.EndpointInfo Rule. 

biztalk360 business rules viewer policies