What was the status of the agreement between Jackson and Penny as of Tuesday when they agreed upon the price for the job?
A) The contract was executory.
B) The contract was executed.
C) The contract was novated.
D) The contract was formal.
E) The contract was a recognizance contract.

Question

Quizplus · Accepted Answer

As long as some of the terms of a contract have not yet been performed, the contract is executory.

What Was the Status of the Agreement Between Jackson and Penny