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Which of the following statements about executory contracts is false? a . A purchase order is an example of an executory contract. b . Executory

Which of the following statements about executory contracts is false?

.

A purchase order is an example of an executory contract.

.

Executory contracts are recognized as liabilities when the company receives the benefits.

.

Executory contracts are recognized as liabilities when the contract is signed.

.

Executory contracts are contracts in the process of begin filled.

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