An executory contract is defined as:
A) a contract that may be set aside or avoided by one of the parties.
B) a contract where the terms of the agreement are specified in words.
C) a contract that is required to be created in a special form or manner of creation.
D) a contract in which the terms have not been fully carried out by all parties.
Correct Answer:
Verified
Q1: An agreement between two parties to perform
Q2: There is no difference between a void
Q4: The failure of a party to perform
Q5: One may have rights and obligations imposed
Q6: When a contract is required to be
Q7: Which of the following is true of
Q8: What is a contract? What are the
Q9: Judy promises to pay Ashley $50 to
Q10: The promise or obligation of each
Q11: Most business people prefer making oral contracts
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