Question: The basic distinction between an executory contract and an executed contract is that a.one is enforceable, the other is not. b.one is legal, the other

The basic distinction between an executory contract and an executed contract is that

a.one is enforceable, the other is not.

b.one is legal, the other is not.

c.all parties have fulfilled their obligations in an executed contract.

d.only one promise is involved in an executory contract.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!