Jordan is a student at State College. She has been paying her tuition and fees under a payment plan and made her final payment on May 8^th. She has taken and passed her last final examination required for graduation on May 14^th. On May 21^stshe walked across the platform during graduation ceremonies. Her diploma was mailed to her on May 23^rd and she received it on May 25^th. When is Jordan's contract with State College considered executory? A) May 8^th B) May 14^th C) May 21^st D) May 23^rd E) May 8^th, May 14^th, May 21^st and May 23^rd

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Quizplus · Accepted Answer

An executory contract is one where some future obligation remains to be fulfilled. On May 8th, she completed her payment, on May 14th, she completed her exams, on May 21st, she participated in the ceremony, and on May 23rd, the diploma was mailed. Each date represents a step in fulfilling the contract.

Jordan Is a Student at State College