Question: An executory contract is one with: Has one party Has an obligation yet to be performed Has 2 or more parties but only one is

  1. An executory contract is one with:

Has one party

Has an obligation yet to be performed

Has 2 or more parties but only one is has obligation

Has no obligations left to perform by both parties.

2. Which one of the following statement is correct about the stature of frauds

It applies to cheques

It applies to pre-nuptial agreements

It applies to bank loans

It applies to the sale of real property

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