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Merchantile law

This query is : Resolved 
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(Querist)
04 March 2015 What is performance of contracts?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
04 March 2015 DISCHARGE OF A CONTRACT

# Discharge by performance
# Discharge by agreement or consent
# Discharge by impossibility of performance
# Discharge by lapse of time
# Discharge by operation of law
# Discharge by breach of contract

DISCHARGE BY PERFORMANCE

Actual Performance:
When both parties perform their promises & there is nothing remaining to perform.

Attempted Performance:
When the promisor offers to perform his obligation, but promisee refuses to accept the performance. It is also known as tender.
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Jagadish mishra

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Jagadish mishra (Querist)
07 March 2015 THnx sir...for ur help...
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