Each party to a contract is bound to perform his part of the obligation. After the parties have made due performance of the contract comes to an end. In such a case the contract is said to be discharged :

Related MCQs

• A minor enters into agreement representing himself to be a major consider the following statement: 1. Minor commits fraud if the other party does not have personal knowledge of his age 2. Such agreement is not enforceable 3. The doctrine of estoppel does not apply in minor's case 4. Other party is entitled to get back the benefit passed to minor, if innocent about his age Which of the statements given above are correct?
• Where by the contract, a promisor is to perform his promise without application by the promise and no time for performance is specified the engagement must be performed within a reasonable time. The question "What is a reason able time" is in each particular case is a :
• If a contract is based on personal skill or confidence of parties, the death of a party in such a case:
• When the performance of a contract becomes impossible, the purpose which the parties had in mind is frustrated. If the purpose becomes impossible because of supervening event, the promisor is excused from the performance of the contract. This is known as :
• Where a party to a contract fails to perform at or before a specified time and it was the intention of the parties that time should be of the essence
• Where the parties to a contract have agreed that a certain sum of money would be paid in case of breach of contract, the Court will ensure that
• When the consent of a party to the contract has been obtained by fraud, in such a case the contract is:
• Obligation between parties that form contract
• The law regarding Novation, i.e., where a new contract is substituted in place of the old one by means of an agreement between the parties to a contract or between them and a third party, is contained in
• A contract or an obligation to perform a promise could arise in the following ways