Multiple choice

An executory consideration is __________________.

  1. the consideration, promised by executive of a company

  2. the consideration, which consists simply of a mutual exchange of promisee, each being a consideration for the other

  3. the consideration, which should be executed on the future date

  4. the consideration, which should be executed before the court

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

An executory consideration is a consideration that should be executed on the future date.