What does 'Executed' mean?

What does 'Executed' mean?

• A. The document has been notarized.
• B. The document has been filed.
• C. The document has been signed.
• D. The document has been witnessed.

Answer: (C)

Execution means the contract has been signed by the parties, formalizing the agreement and making it binding. It’s the act of signing that turns the document into an enforceable contract, not necessarily notarizing, filing, or having someone witness the signing. Notarization verifies identity and authenticity, filing records the document in a public record, and witnessing is just someone observing the signing. So the best description is that the document has been signed.

Execution means the contract has been signed by the parties, formalizing the agreement and making it binding. It’s the act of signing that turns the document into an enforceable contract, not necessarily notarizing, filing, or having someone witness the signing. Notarization verifies identity and authenticity, filing records the document in a public record, and witnessing is just someone observing the signing. So the best description is that the document has been signed.