In an executory bilateral contract, most courts hold that:
A) if a contract has been fully performed by one side, the promise of the other party is enforceable even if it cannot be performed within a year.
B) even if a contract has been fully performed by one side, the other party may choose to not enforce its side of the contract.
C) even if a contract has been fully performed by one side, the other party has no legal obligation to enforce its side unless it is in writing.
D) if a contract has been partially performed by one side, the promise of the other party is enforceable if it is communicated orally.

Question

Quizplus · Accepted Answer

In an executory bilateral contract, most courts hold that if a contract has been fully performed by one side, the promise of the other party is enforceable even if it cannot be performed within a year. The one-year period is computed from the time the contract comes into existence, not from the time performance is to begin.

In an Executory Bilateral Contract, Most Courts Hold That