Mike and Ike agreed orally that Mike would tutor Ike in geology for $10 per hour for three hours.After Mike has done the three hours of tutoring,but before Ike pays him,this contract is ________.
A) executed
B) implied-in-fact
C) executory
D) performed

Question

Quizplus · Accepted Answer

The contract between Mike and Ike is executory because Ike has not paid Mike yet and the performance of the contract is still ongoing.

Mike and Ike Agreed Orally That Mike Would Tutor Ike