Contracts
An executed contract is one that:
AHas been signed by both parties but performance is still pending
BHas been fully performed by all parties✓ Correct
CHas been terminated before completion
DIs currently in the offer stage
Explanation
An executed contract is one in which all parties have fully performed their obligations. (Note: In common usage, 'executed' may also mean 'signed,' but in contract law it typically means fully performed.)
Related Indiana Contracts Questions
- An Indiana purchase offer that expires before being accepted is:
- A unilateral contract in Indiana real estate is one where:
- When a buyer receives the Indiana Seller's Disclosure form after signing the purchase contract, the buyer has how many days to review and potentially withdraw?
- A unilateral contract in real estate is exemplified by:
- Rescission of an Indiana real estate contract returns the parties to:
- A bilateral contract in Indiana real estate is one where:
- An Indiana buyer who includes a financing contingency in their purchase offer:
- An option contract gives the optionee the:
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →