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NCMA CPCM Exam - Topic 6 Question 29 Discussion

Executory contracts are those contracts that are formed at one time and performed later.
A) True
B) False

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.

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Suggested Answer: A

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

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Cornell
8 months ago
Just to clarify, they involve obligations that haven't been fulfilled yet.
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Hyman
9 months ago
Yep, that's the definition!
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Leslie
9 months ago
Wait, are you sure about that? Sounds a bit off.
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Tamra
9 months ago
Totally agree, they are formed now but executed later!
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Crissy
9 months ago
That's true, executory contracts are about future performance.
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Jose
9 months ago
I definitely studied this! Executory contracts are about future obligations, so I would go with true.
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Vernice
9 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
9 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
9 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
9 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
9 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
10 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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