An executory contract is a legal agreement that is yet to be fully performed by both parties involved. In Urdu, it is referred to as “امکانِ انجام ناپذیر معاہدہ”. This type of contract includes promises made by both parties that are yet to be fulfilled.

An executory contract is different from an executed contract, which means that all parties involved have fulfilled their obligations under the contract. An example of an executory contract is a lease agreement, where the tenant has not yet paid all the rent owed, and the landlord has not yet provided all the services agreed upon.

In Urdu, an executory contract is a “معاہدہ جو ابھی پورا نہیں ہوا ہے”. This type of contract often includes conditions that must be fulfilled by one or both parties before the contract is considered complete.

For example, if you hire a contractor to construct a building, the contract will remain executory until the contractor completes the project according to the agreed-upon specifications. Similarly, if you purchase a car on installments, the contract is executory until you have paid the full amount and fulfilled all other obligations set out in the agreement.

Executory contracts are governed by the laws of contract, which vary depending on the jurisdiction. In Urdu, these laws are known as “قانون عقد”. If there is a breach of an executory contract, the aggrieved party may have legal remedies available, such as seeking damages or specific performance of the contract`s terms.

In conclusion, an executory contract is a legal agreement that is yet to be fully performed by one or both parties involved. In Urdu, it is referred to as “امکانِ انجام ناپذیر معاہدہ”. It is essential to understand the terms of any contract before signing it, particularly if it is an executory contract, to avoid misunderstandings and legal disputes.