CA Foundation Exam > CA Foundation Questions > Contract of Sale is _______________a)executor...
Start Learning for Free
Contract of Sale is _______________
- a)executory Contract.
- b)executed Contract.
- c)both of the above.
- d)none of the above
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Contract of Sale is _______________a)executory Contract.b)executed Con...
Contract of Sale is both an executory and executed contract.
Executory Contract
An Executory Contract is a contract in which one or both parties have yet to perform their obligations. In a Contract of Sale, it is an Executory Contract because the seller has an obligation to deliver the goods, and the buyer has an obligation to pay the price.
Executed Contract
An Executed Contract is a contract in which both parties have fulfilled their obligations. In a Contract of Sale, it is an Executed Contract when the seller has delivered the goods, and the buyer has paid the price.
Contract of Sale
A Contract of Sale is a legal agreement between a buyer and a seller, where the seller promises to deliver the goods, and the buyer agrees to pay the price. The agreement is typically in writing and outlines the terms and conditions of the sale, such as the price, quality, and quantity of the goods.
Conclusion
In conclusion, a Contract of Sale is both an Executory and Executed Contract. It is an Executory Contract until both parties fulfill their obligations, at which point it becomes an Executed Contract.
Executory Contract
An Executory Contract is a contract in which one or both parties have yet to perform their obligations. In a Contract of Sale, it is an Executory Contract because the seller has an obligation to deliver the goods, and the buyer has an obligation to pay the price.
Executed Contract
An Executed Contract is a contract in which both parties have fulfilled their obligations. In a Contract of Sale, it is an Executed Contract when the seller has delivered the goods, and the buyer has paid the price.
Contract of Sale
A Contract of Sale is a legal agreement between a buyer and a seller, where the seller promises to deliver the goods, and the buyer agrees to pay the price. The agreement is typically in writing and outlines the terms and conditions of the sale, such as the price, quality, and quantity of the goods.
Conclusion
In conclusion, a Contract of Sale is both an Executory and Executed Contract. It is an Executory Contract until both parties fulfill their obligations, at which point it becomes an Executed Contract.
Free Test
FREE
| Start Free Test |
Community Answer
Contract of Sale is _______________a)executory Contract.b)executed Con...
Executed contract; a contract in which the promises are made and completed immediately, like in the purchase of a product or service. On the other hand, an executory contract means that the promises of the contract are not fully performed immediately.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer?.
Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Contract of Sale is _______________a)executory Contract.b)executed Contract.c)both of the above.d)none of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup