Question

define the process of a contract discuss the rules relating to performance of contract​

Answer 1

Explanation:

Performance within a reasonable time (Sec.

46 states that “Whereby the contract, a promisor is to perform his promise without application by the promisee and no time for performance is specified, the engagement must be performed within a reasonable time.”

Answer 2

As a promisor and promise are essential to a contract, so are the time and place of the performance of contract. If a time and place for the performance of contract are agreed upon, then the promisor should perform the promise accordingly. If not, then it should be performed at a reasonable place and time. The Indian Contract Act, 1872, specifies some rules regarding the time and place for the performance of contract under sections 46 – 50.