CA Foundation doubt
What's the difference between partly executed and partly executory And bilateral and executory
Asked by Ananth28 Dec 2023989 views
CA Foundation doubt
Asked by Ananth28 Dec 2023989 views
Aarya · 29 Dec 2023
The meaning of these three is same. In this one party has performed and other is still outstanding
Ananth · 29 Dec 2023
Then what's the difference between unilateral nd partly executed and partly executory
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
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
Narmada · 28 Dec 2023
And bilateral executory means both the party's obligation is outstanding
Narmada · 28 Dec 2023
It means one party has completed his obligation or duty while the other is still outstanding
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