A contract whose terms have been fully carried out is classified as?

A contract whose terms have been fully carried out is classified as executed. This means that both parties have completed all obligations specified in the agreement, resulting in the contract being fulfilled completely. In the context of funeral service education, understanding contract execution is crucial because it relates to the legal aspects of providing services, ensuring that all parties involved have met their commitments, such as payment and service delivery.

In contrast, an enforceable contract is one that can be legally upheld in a court of law, but it does not necessarily indicate whether the terms have been fulfilled—just that they can be enforced if not complied with. An unexecuted contract refers to agreements that are still pending, where one or both parties have yet to fulfill their obligations. A voidable contract is valid and enforceable unless one party chooses to void it, often due to certain circumstances like misrepresentation or lack of capacity. Understanding these classifications helps clarify the legal standing of agreements in the funeral service context.