The heir to a large estate will be of legal age within 30 days. The heir lists for sale with a broker one of the properties held by the estate. The broker knows of a buyer for the property and sells it within 24 hours of listing, with closing to be in 45 days. Both listing and sale contracts are

A contract is considered fulfilled when all parties have completed their obligations as agreed. In this case, the contracts have not been fulfilled since the closing is scheduled for 45 days later, and the heir has not yet reached legal age to finalize the transaction. Therefore, the contracts cannot be deemed fulfilled at this point.

An executed contract is one where all parties have performed their duties under the agreement. However, since the contracts are still pending due to the heir's minority status, they cannot be classified as executed. The heir's lack of legal capacity to enter into the contract impacts its status, making it impossible to have been fully executed.

An executory contract refers to an agreement in which some or all obligations remain to be performed. While it is true that the contracts are executory because closing has not yet occurred, the more accurate characterization is that they are voidable due to the heir's legal incapacity. Thus, "executory" alone does not capture the unique legal situation presented here.