1. Performance of contract

2. Requisites of a valid tender
 It must be unconditional.
 It must be of the whole quantity.
 It must be by a person in a position.
 It must be made at the proper time and place.
 It must be made to the proper person.
 It may be made to one of the several joint promisees
 It must give a reasonable opportunity to the promisee for
inspection of the goods.
 The debtor must make a valid tender in legal tender
money.

3. Effects of refusal of a party to
perform promise wholly
Contracts which need not be performed:
 When its performance becomes impossible.
 When the parties to it agree to substitute a new
contract for it or to rescind or alter it.
 When the promisee dispenses with or remits,
wholly or in part.
 When the person at whose option it is voidable,
rescinds it.
 When the promisee neglects or refuses to afford .

4. By whom must contracts be performed?
1. Promisor himself.
2. Agent
3. Legal representatives.
4. Third person.
5. Joint promisors.

5. Devolution of joint liabilities
 Any of the joint promisors may be
compelled to perform.
 A joint promisor compelled to perform may
claim contribution.
 Sharing of loss arising from default.
 Release of a joint promisor.

6. Devolution of joint rights

7. Who can demand performance?

8. Time and place of performance
 Where no application is to be made and no time
is specified.
 Where time is specified and no application is to
be made.
 Application for a performance on a certain day
and place.
 Application by the promisor to promisee to
appoint place.
 Performance in manner or at time prescribed or
sanctioned by the promisee.

9. Reciprocal promises
 Mutual & independent
 Conditional & dependent
 Mutual & concurrent

10. Rules regarding performance of
reciprocal promises
 Simultaneous performance
 Order of performance
 Effect of one party preventing another
 Effect of default as to promise to be
performed first
 To do things legal and other things illegal

11. Time as the essence of the
contract
 When time is of the essence.
 When time is not of the essence.

12. Subsequent notice

13. Appropriation of payments
 Where the debtor intimates.
 Where the debtor does not intimates & the
circumstances are not indicated.
 Where the debtor does not intimate &
creditor falls to appropriate.

14. Assignment of contracts
1. Act of the parties
 Assignment of contractual obligations.
 Contractual obligations involving personal skills & ability cannot be
assigned.
 A promisor cannot assign his liabilities or obligation under a contract.
 Assignment of contractual rights.
• The rights & the benefits under the contract not involving personal skills
may be assigned.
• An actionable claim can always be assigned.
2. Operation of law
 Death
 Insolvency