what is executed contract??
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An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining. However, an obligation to pay money, even if such obligation is material, does not usually make a contract executory.
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An executed contract is an agreement or contract between two or more parties that has been signed and is binding to all parties involved. It is a fully implemented contract.
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