Which condition must be met for a contract to be considered to have been fully performed?

For a contract to be classified as fully performed, it is essential that all terms of the contract have been met. This means that each party has fulfilled their obligations as stipulated in the agreement, which could encompass delivering goods, providing services, making payments, or completing any other actions required by the contract.

When all aspects of the contract are satisfied, it indicates that all parties have executed their responsibilities and that the agreement is effectively complete. This principle ensures that the contract's integrity remains intact and that there are no outstanding obligations or breaches that could lead to disputes or claims.

While full satisfaction of the parties involved, timely performance, and voluntary agreement are important factors in the context of contract law, they do not singularly determine whether a contract has been fully performed. The crux of full performance relies strictly on adherence to the specific terms laid out in the contract itself.