Question

Which term describes a contract in which the parties have met all agreement terms?

a) Executed Contract
b) Executory Contract
c) Voidable Contract
d) Unenforceable Contract

Answer 1

An executed contract is a contract in which the parties have met all agreement terms and have fulfilled their obligations.

Step-by-step explanation:

The correct term to describe a contract in which the parties have met all agreement terms is an Executed Contract. An executed contract is a contract that has been fully performed by the parties involved.

This means that both parties have fulfilled their obligations and the contract has been carried out according to its terms.