Merchantile law
This query is : Resolved
04 March 2015
What is performance of contracts?
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.
# 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.
Message likes :
1 times
07 March 2015
THnx sir...for ur help...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Applicability of GST on Salary Reimbursement Component
- GST ITC REVERSE
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- Renovation exp. in flat by family member
- FAST-DS Scheme - Foreign Assets
- Consolidated financials
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
