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:

Transgressions

Acts that go against a law, rule, or code of conduct; violations of acceptable behavior.

Status

Refers to a recognized social position an individual can occupy.

Role-Making

The process of creatively negotiating and modifying one's role in a particular social setting or group.

Role-Playing

Engaging in behavior or activities that assume a specific role or character, often used as a learning tool or for entertainment purposes.