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Simple English definitions for legal terms

executed contract

Read a random definition: postglossators

A quick definition of executed contract:

An executed contract is an agreement between two or more parties that is legally binding and enforceable. It can be in the form of a written document or a verbal agreement. Once all parties have fulfilled their obligations, the contract is considered executed. This means that the terms of the contract have been completed and the parties are no longer obligated to each other. It is important to understand that a contract is not just a piece of paper, but rather a set of promises that the law recognizes as a duty.

A more thorough explanation:

An executed contract is a legally binding agreement between two or more parties that has been fully performed. This means that all parties have fulfilled their obligations under the contract and the terms of the agreement have been carried out.

For example, if you hire a contractor to build a house and they complete the construction according to the agreed-upon plans and specifications, then the contract is considered executed. Both parties have fulfilled their obligations and the contract is no longer active.

Another example would be if you purchase a car from a dealership and pay the full purchase price. Once the dealership transfers ownership of the car to you and you take possession of it, the contract is considered executed.

Overall, an executed contract is a completed agreement where all parties have fulfilled their obligations and the terms of the contract have been carried out.

executed consideration | executed covenant

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Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
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