What Is an Executory Contract

question 27

Multiple Choice

What is an executory contract?

• A)a contract that cannot be discharged under Chapter 13
• B)a contract that the debtor is obligated to perform despite filing for bankruptcy
• C)a contract between several creditors and a single debtor which stipulates equitable division of the debtor's property
• D)a contract that has not been fully performed

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Definitions:

Dispositional Attribution

The process of attributing behavior to internal factors or personality traits.

Consensus Behaviour

Actions taken collectively by a group based on widespread agreement or harmony of opinion within the group.

Distinctiveness

The quality of being distinctly different or unique, often used in the context of individual or group identity and characteristics.

Consistency

The quality of achieving a level of performance or behavior that does not vary greatly in quality over time.