An Oral Contract Containing a Promise by an Executor to Pay

question 51

Multiple Choice

An oral contract containing a promise by an executor to pay estate debts from estate funds is:

• A) binding.
• B) voidable by the executor or administrator.
• C) enforceable against the executor only if the executor signs written proof of the agreement.
• D) enforceable against the other contracting party only if that party signs a written agreement.

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Definitions:

Formal Service

A process in legal proceedings that involves the official delivery of documents to inform a person of legal actions or proceedings against them.

Jurisdictions

The official power to make legal decisions and judgments, often referred to in context of geographical area or scope of legal authority.

Liability

The state of being legally responsible (liable) for something, such as a debt or obligation.

Jury

A group of citizens convened to render an impartial verdict (a finding of fact on a question) officially submitted to them by a court.