New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Section 37 of The Indian Contract Act, 1872 deals

    with_______.
    A Effect of accepting performance from third party Correct Answer Incorrect Answer
    B Obligation of parties to perform Correct Answer Incorrect Answer
    C Agreements contingent on impossible event are void Correct Answer Incorrect Answer
    D Time for performance Correct Answer Incorrect Answer

    Solution

    Section 37.   Obligation of parties to contracts: The parties to a contract must either perform, or offer to perform, their respective promises, unless such performance is dispensed with or excused under the provisions of this Act, or of any other law. Promises bind the representatives of the promisors in case of the death of such promisors before performance, unless a contrary intention appears from the contract.

    Practice Next