Respuesta :
No, Felix's demand of luke to pay the entire purchase price within 30 days is not legal.
Any contract that hasn't been fully performed or executed is considered executory. There are still significant performance obligations for both parties under this contract.
A contract is not typically enforceable just because there is a financial obligation, even if the obligation is significant. When a failure to fulfill a duty will lead to a violation of the contract, the obligation is considered material.
Luke must pay the whole purchase price within 30 days, as demanded by Felix, although this is against the law. Any executory prepetition contract or unexpired lease of the debtor may be assumed by a trustee or the debtor in possession, preserving the debtor's and counterparts' obligations during the bankruptcy procedure.
To learn more about bankruptcy refer to:
https://brainly.com/question/15277574
#SPJ4
