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MMLU-Pro / 1514 / There may be a substantial time period between contract formation and final…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

There may be a substantial time period between contract formation and final completion of performance. Concerning these executory contracts, which of the following is the least correct?

category

law

options

  1. A fully executory contract is when both parties have completed their performance.
  2. A partially executed contract means that both parties have begun but not completed performance.
  3. An executory contract is when one party has performed and the other party has not yet begun performance.
  4. An executed contract exists when both parties have fully performed and no obligations remain.
  5. A partially executed contract means that at least one party has begun performance.
  6. A partially executory contract is when one party has begun performance and the other party has completed performance.
  7. A fully executed contract exists when neither party has any remaining obligations.
  8. A partially executed contract means that one party has completed performance while the other party has only promised.
  9. A wholly executory contract is where only promises have been exchanged and there has been no performance by either party.
  10. An executory contract is when both parties have yet to begin performance.

src

ori_mmlu-professional_law

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Source and history

upstream_id / Original problem ID
1514
task_id
29b44459-8c57-5357-9517-a32c04b689da
task_key
default--test--1514
task_revision_id
1
config / split
default / test

Official source

initial import