Oregon Real Estate Exam — Deck 10:
Contracts & Agreements | Questions with
100% Correct Answers | Verified | Latest
Update 2026/2027
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Executed Contract
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A legally binding agreement
All terms have been
1 between two or more parties 2
performed.
to do or not do something.
Law requiring real estate
3 contracts to be in writing to 4
, be enforceable. Unqualified agreement to
the exact terms of an offer.
Don't know?
Terms in this set (37)
A legally binding agreement Contract
between two or more parties
to do or not do something.
Competent parties, mutual Essential Elements of a Valid Contract
consent, lawful purpose, and
consideration.
Anything of value exchanged Consideration
(money, services, promises).
Proposal made by one party Offer
to another to enter into a
contract.
Unqualified agreement to the Acceptance
exact terms of an offer.
Contracts & Agreements | Questions with
100% Correct Answers | Verified | Latest
Update 2026/2027
Save
Practice questions for this set
Learn 1 /7 Study using Learn
Executed Contract
Choose an answer
A legally binding agreement
All terms have been
1 between two or more parties 2
performed.
to do or not do something.
Law requiring real estate
3 contracts to be in writing to 4
, be enforceable. Unqualified agreement to
the exact terms of an offer.
Don't know?
Terms in this set (37)
A legally binding agreement Contract
between two or more parties
to do or not do something.
Competent parties, mutual Essential Elements of a Valid Contract
consent, lawful purpose, and
consideration.
Anything of value exchanged Consideration
(money, services, promises).
Proposal made by one party Offer
to another to enter into a
contract.
Unqualified agreement to the Acceptance
exact terms of an offer.