NCMA CPCM Exam - Topic 6 Question 29 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 29
Topic #: 6

[All CPCM Questions]

Executory contracts are those contracts that are formed at one time and performed later.

ATrue

BFalse

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Suggested Answer: A

by Emerson at May 08, 2022, 12:52 AM

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Cornell

7 months ago

Just to clarify, they involve obligations that haven't been fulfilled yet.

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Hyman

7 months ago

Yep, that's the definition!

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Leslie

7 months ago

Wait, are you sure about that? Sounds a bit off.

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Tamra

7 months ago

Totally agree, they are formed now but executed later!

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Crissy

8 months ago

That's true, executory contracts are about future performance.

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Jose

8 months ago

I definitely studied this! Executory contracts are about future obligations, so I would go with true.

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Vernice

8 months ago

I feel like this is tricky. I thought executory contracts could also mean something else, but I can't recall the details.

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Chun

8 months ago

I remember practicing a question about contracts, and it mentioned that executory contracts involve future performance. So I think it's true.

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Luisa

8 months ago

I think executory contracts are indeed formed at one time and performed later, but I'm not 100% sure.

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Erinn

8 months ago

This is a tricky one. The past history of the promoter raises some red flags that I'll need to investigate thoroughly.

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Noe

8 months ago

Hmm, this one seems straightforward. I'll need to carefully read through the options and select the two valid sources for the Context Hub.

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Ernie

8 months ago

The active-active (LACP) seems relevant since it would optimize the use of both NICs, but I'm not sure if it's ideal for failover scenarios.

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