Tate Enters into a Contract with Smith Under the Terms

question 68

Multiple Choice

Tate enters into a contract with Smith under the terms of which Smith is to pay Tate $7,000 and Tate is to build a garage,repair a boat,and build a doghouse.If the doghouse has not yet been built,which term describes the type of contract in existence?

• A) Quasi contract
• B) Executed contract
• C) Illusory contract
• D) Executory contract

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Definitions:

Joints

Natural fractures or separations in rocks, which do not involve significant displacement.

Unloaded

Refers to the removal of weight or pressure from a structure, object, or area.

Weather

The state of the atmosphere at a particular place and time, including temperature, precipitation, humidity, and wind.

Limestone

A sedimentary rock primarily comprising calcium carbonate (CaCO3), often formed from the skeletal remains of marine organisms.