executory contract
简明释义
待履行合同
英英释义
An executory contract is a type of contract in which the obligations of one or both parties are yet to be performed. | 执行中的合同是一种合同,其中一方或双方的义务尚未履行。 |
例句
1.If either party fails to meet the terms of the executory contract, they may be liable for breach of contract.
如果任何一方未能满足执行中的合同的条款,他们可能会因违反合同而承担责任。
2.The lease agreement is an example of an executory contract that requires both parties to fulfill their obligations over time.
租赁协议是一个执行中的合同的例子,要求双方在一段时间内履行各自的义务。
3.An employment agreement can be classified as an executory contract until the employee has completed their probation period.
雇佣协议可以被归类为执行中的合同,直到员工完成试用期。
4.The executory contract for the construction project outlines the responsibilities of both the contractor and the client.
该建筑项目的执行中的合同概述了承包商和客户的责任。
5.In real estate transactions, an executory contract often involves a purchase agreement where the buyer and seller have yet to complete the sale.
在房地产交易中,执行中的合同通常涉及一个购买协议,其中买卖双方尚未完成交易。
作文
An executory contract is a legal term that refers to a contract in which one or both parties have not yet fulfilled their obligations. This type of contract is commonly encountered in various business transactions, real estate agreements, and service contracts. Understanding the concept of an executory contract is essential for both individuals and businesses as it helps clarify rights, responsibilities, and potential liabilities under the law.In essence, an executory contract serves as a promise between parties to perform specific actions in the future. For instance, when a homeowner signs a contract with a construction company to build an addition to their house, the contract remains executory until the construction is completed and the homeowner has made the final payment. During this period, both the homeowner and the contractor have duties to fulfill. The contractor must complete the work as agreed, while the homeowner must provide payment according to the terms set forth in the contract.One of the key features of an executory contract is that it creates a binding agreement that can be enforced by law. If one party fails to meet their obligations, the other party may seek legal remedies, such as damages or specific performance, which compels the defaulting party to fulfill their contractual duties. This aspect highlights the importance of understanding the terms and conditions outlined in any executory contract before signing.Moreover, executory contracts are prevalent in various sectors, including real estate, finance, and employment. In real estate, for example, a buyer and seller enter into a purchase agreement to buy a property. This agreement is executory until the closing date when the transaction is finalized, and ownership is transferred. Similarly, in the realm of finance, loan agreements are often executory until the borrower fully repays the loan amount along with any interest.It is also important to note that certain events can affect the status of an executory contract. For instance, if one party becomes unable to perform their obligations due to unforeseen circumstances, such as bankruptcy or a natural disaster, the contract may be deemed void or subject to renegotiation. This situation emphasizes the need for parties to consider potential risks and include provisions in the contract that address such possibilities.In conclusion, an executory contract is a significant legal instrument that plays a crucial role in business and personal transactions. By understanding its definition and implications, individuals and businesses can better navigate their contractual relationships and protect their interests. Whether you are entering into a service agreement, purchasing real estate, or engaging in any form of contract, being aware of the characteristics of executory contracts can help ensure that you fulfill your obligations and understand your rights. Therefore, it is advisable to consult with legal professionals when drafting or entering into an executory contract to ensure clarity and enforceability of the agreement.
执行合同是一个法律术语,指的是一份合同,其中一方或双方尚未履行其义务。这种类型的合同通常在各种商业交易、房地产协议和服务合同中出现。理解执行合同的概念对个人和企业来说都至关重要,因为它有助于澄清法律下的权利、责任和潜在的法律责任。从本质上讲,执行合同作为各方之间在未来履行特定行为的承诺。例如,当房主与建筑公司签署合同以在其房屋上建造附加部分时,该合同在施工完成并且房主支付最终款项之前仍然处于执行状态。在此期间,房主和承包商都有义务履行。承包商必须按照约定完成工作,而房主则必须根据合同中规定的条款进行付款。执行合同的一个关键特征是它创建了一个具有法律约束力的协议,可以通过法律强制执行。如果一方未能履行其义务,另一方可以寻求法律救济,例如损害赔偿或特定履行,迫使违约方履行其合同义务。这一方面凸显了在签署任何执行合同之前了解合同条款和条件的重要性。此外,执行合同在各个行业中普遍存在,包括房地产、金融和雇佣。在房地产中,例如,买方和卖方签署购买协议以购买物业。该协议在交易完成并所有权转让之前处于执行状态。同样,在金融领域,贷款协议通常在借款人完全偿还贷款金额及任何利息之前属于执行状态。还需要注意的是,某些事件可能会影响执行合同的状态。例如,如果一方由于不可预见的情况(例如破产或自然灾害)而无法履行其义务,则该合同可能被视为无效或需要重新谈判。这种情况强调了各方考虑潜在风险并在合同中包含应对此类可能性的条款的必要性。总之,执行合同是一个重要的法律工具,在商业和个人交易中发挥着至关重要的作用。通过理解其定义和影响,个人和企业可以更好地导航其合同关系并保护自身利益。无论您是签订服务协议、购买房地产,还是参与任何形式的合同,了解执行合同的特征可以帮助确保您履行义务并理解您的权利。因此,在起草或签署执行合同时,建议咨询法律专业人士,以确保协议的清晰性和可执行性。
相关单词