Contracts that have been fully performed by one side but not by the other are classified as ________ contracts.
A) executory
B) executed
C) void
D) voidable

Question

Quizplus · Accepted Answer

Executory contracts are those that have not yet been fully performed by both parties. On the other hand, executed contracts are those that have been fully performed by both parties. Void contracts are those that are not legally enforceable from the beginning, and voidable contracts are those that may be legally avoided by one or both parties. Therefore, the correct answer is A) executory.

Contracts That Have Been Fully Performed by One Side but Not