Asked by Ryan Matthew McCarthy on May 11, 2024
Verified
Cheri drives into Domestic Auto Service and asks to have a tire replaced on her car. Domestic replaces the tire. Before Cheri pays for it, any contract between them is
A) executed.
B) executory.
C) void.
D) unenforceable.
Executory
Executory refers to a contract or agreement in which some future act or obligation remains to be performed under its terms.
Executed
denotes something that has been completed, carried out, or fully accomplished according to plan or command.
Void
Having no legal force or effect; null and incapable of being ratified or confirmed.
- Identify the distinctions among express, implied, executed, and executory contract states.
Verified Answer
MM
Makungu MasononoMay 15, 2024
Final Answer :
B
Explanation :
The contract is executory because one or more parties have obligations that have not yet been performed, in this case, Cheri's payment for the tire replacement service.
Learning Objectives
- Identify the distinctions among express, implied, executed, and executory contract states.
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