A contract in which under the terms of a contract one or both the parties have still to perform thei...........

Indian Contract Act (ICA)1872 Performance of a Contract

A contract in which, under the terms of a contract, one or both the parties have still to perform their obligations in future, is known as

Executed contract

Executory contract

Unilateral contract

None of the above

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Explanation:

- Executed Contract: This type of contract is already fully performed. Both parties have fulfilled their obligations. It is complete and has no remaining duties.

- Executory Contract: This contract still has obligations that need to be performed in the future by one or both parties. It is still active and ongoing.

- Unilateral Contract: In this contract, only one party makes a promise and the other party performs an act. The promise is fulfilled when the act is completed, like a reward for finding a lost pet.

- None of the above: This option indicates that none of the given options apply.

The correct answer is an Executory Contract.