Asked by Abbie Medina on May 21, 2024
Verified
Alan and Ben have a contract.Alan has performed 100 percent and Ben has performed 50 percent of it.This contract is now executory.
Executory
Not yet executed; not yet fully performed, completed, fulfilled, or carried out; to be performed wholly or in part.
- Recognize the basic understanding that a contract involves a promise or several promises that are enforceable by law.
Verified Answer
EM
Estefani MaldonadoMay 22, 2024
Final Answer :
True
Explanation :
A contract is executed when all of the parties have fully performed their contractual duties,and it is executory until such duties have been fully performed.
Learning Objectives
- Recognize the basic understanding that a contract involves a promise or several promises that are enforceable by law.
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