1 Place the rib bones cut side down over the heat. 2  Sear the roast 2-3 minutes on the cut side and 1-2 minutes on the other sides. 3  Remove from the grill. 4  You can let it rest for 5 minutes but it isn't needed-it already settled during the previous rest.
Executory and Executed Contracts. An executory contract has an act or obligation stipulated in a contract that has yet to be performed by one or more parties to the contract. For example, an equipment lease and a license to intellectual property are examples of executory contracts.
Types of Contracts Unliateral-A contract in which only one party involved in a contract makes a promise. Example: A real estate option is a unilateral contract. Sandy Seller can give Ricky Rehabber an option to buy her property. Sandy is obligated to sell if Ricky decides to exercise his right to buy. However, Ricky is under no obligation to buy.