Brent and Gayle complete their contractual obligations to each other. This is known as a(n) ________.
A) voidable contract
B) executed contract
C) formal commitment
D) bilinear contract
E) approved contract

Question

Quizplus · Accepted Answer

When both parties in a contract have fulfilled their obligations, the contract is considered executed. This means all terms and conditions have been met by both sides.

Brent and Gayle Complete Their Contractual Obligations to Each Other