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CA Foundation doubt

What's the difference between partly executed and partly executory And bilateral and executory

Asked by Ananth28 Dec 2023989 views

6 answers

  1. Aarya · 29 Dec 2023

    The meaning of these three is same. In this one party has performed and other is still outstanding

  2. Ananth · 29 Dec 2023

    Then what's the difference between unilateral nd partly executed and partly executory

  3. Ashvin · 29 Dec 2023

    Bilateral Executory: Means Both Parties Obligation is Pending or Outstanding Example: A contract With B to purchase of Car For ₹5lakhs here both parties obligations are pending

  4. Ashvin · 29 Dec 2023

    Partly Executed means : one persons obligation or promise has been performed and it is also known unilateral contract Examples : A contract with B to purchase car and A paid such Consideration

  5. Narmada · 28 Dec 2023

    And bilateral executory means both the party's obligation is outstanding

  6. Narmada · 28 Dec 2023

    It means one party has completed his obligation or duty while the other is still outstanding

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