PERFORMANCEOFCONTRACT

Acont
racti
senter
edint
owitht
heobjectthati
twil
lbeper
for
med.Per f
ormancemeanst
hat
t
hepart
ieshav
edone/ful
fi
ll
edt
hei
rrespecti
veobl
i
gati
onsari
singoutofthecont
ract
.

Secti
on37st atesthat,“
Thepart
iestoacontr
actmustei
therper
for
m,oroffertoper
for
m,
thei
rrespect
ivepromisesunl
esssuchper
for
manceisdi
spensedwit
horexcused”
.

Thusper
for
mancemaybe:

a.Act
ual
per
for
mance

b.At
tempt
edper
for
mance

Actualperformance-whenthepart
ieshavedonewhattheyhadunder
takentodoorhave
ful
fi
ll
edt heirobl
igat
ionsundert
hecontract
,theyar
esaidtohaveact
uallyper
for
medthe
contr
act.

At
tempt
edper
for
manceorof
fert
oper
for
m-Whenonepar
ti
est
othecont
ractof
fer
sto
per
for
m t
he cont
ractbutt
he ot
herpar
tydoes notaccepti
t,t
her
eis an at
tempt
ed
per
for
mance.
Wher
eapr
omi
sorhasmadeanof
ferofper
for
mancet
othepr
omi
se,andt
heof
fer
hasnotbeenaccept
ed,t
hepr
omi
sori
snotr
esponsi
blef
ornon-
per
for
mancenordoeshe
t
her
ebyl
osehi
sri
ghtundert
hecont
ract
.Anat
tempt
edper
for
manceal
sodi
schar
gesa
cont
ract
.

RULESREGARDI
NGASTOTHEPERFORMANCEOFCONTRACT

I TENDER
Anat
temptedper
for
mancei
scal
l
eda‘
tender
’.

Essent
ial
sofav
ali
dtenderar
easf
oll
ows:

1.I
tmustbeuncondi
ti
onal
andaccor
dancewi
tht
het
ermsoft
hecont
ract
.

2.I
tmustbemadeatafixedorpr
operti
measagreedupon.I
fnosuchti
meandpl ace
i
sagr
eed,t
heni
tshoul
dbemadedur i
ngbusi
nesshour
sandatthepl
aceofbusi
ness.

3.I
tmustbemadebyt
heper
sonwhoi
sabl
eandwi
l
li
ng

4.Incaseoftendergoods,i
tmustbef orthequal
i
tyandquanti
tyagreedupon.The
buyeri
snotboundtoacceptthedeli
ver
yofgoodsini
nst
alments,nei
therwhent
hey
aremoreorl
essthanthequanti
tyagr
eed.

5.Incaseoftenderofgoodsr
easonabl
eoppor
tuni
tymustbegi
vent
othepr
omi
set
o
examinet
hegoods
 6.I
tmustbemadet
othepr
omi
seorhi
saut
hor
isedagent

7.I
tmustbemadet
oanyoneoft
hej
ointpr
omi
ses

8.I
ncaseoft
enderofmoney
,thepay
mentmustbemadei
nlegal
tendermoney
.

I
I EFFECTSOFREFUSALOFAPARTYTOPERFORM PROMI
SEWHOLLY

Wher
eapar t
ytoacontractrefusest
oper for
m ordisabl
eshi mselff
rom per
for
minghis
pr
omisesi
nit
sent
iret
y,t
hepromi semayputanendt othecontractunl
esst
hepromisehas
si
gni
fi
edbyhi
swordsorconductacqui
escenceini
tsconti
nuance.

Whomustper
for
mthepr
omi
se?

1.Bythepromisorhi
mself
:Inthecaseofacont
ractinv
olv
ingper
sonalski
l
l,t
ast
eor
cr
edit
,thepr
omisormusthi
mselfper
for
mthecontr
act.

2.Bythelegalr
epresentat
ives:I
nthewherethepromi
sordi
esbef
oretheperf
ormance,
thel
egalrepr
esentati
vesofthedeceasedpr
omisori
sboundt
operfor
mt hecont
ract
.

3.Bythir
dpart
ies:Wher
ethepromi
seeaccept
st heper
for
mancef
rom at
hir
dpar
ty,he
cannotaf
ter
wardsenf
orcei
tagai
nstt
hepromisor.

4.ByJointpr
omi sors:Incaseofj
ointpr
omi
sor
sthepr
omi
sor
sar
ejoi
ntl
yorsev
eral
l
y
l
iabl
etoful
fi
ltheirpromise.

Whocandemandaper
for
mance?

1. Thepr
omi
sehi
msel
f:Thepr
omi
seecandemandper
for
manceofcont
ract

2.LegalRepr
esent
ati
ve:I
ncaseofdeat
hoft
hesi
ngl
epr
omi
se,
hisl
egalr
epr
esent
ati
ve
candemandperfor
mance.

3.JointPromisee:I
ncaset her
ear emor ethanonepromise,t
hentheri
ghtt
odemand
performanceistobeexer ci
sedjointl
ybyt hesur
viv
ingjoi
ntpr
omisesandthel
egal
represent
ati
veofthedeceasedjointpromises.

I
II TI
MEANDPLACEOFPERFORMANCE

Part
iesarefr
eetodeter
mi net
het
imeandplaceofper
for
manceundert
het
ermsofcont
ract
i
tsel
f.Legalrul
esregar
dingti
meandplaceofperf
ormancear
egiveni
nsec46to50.The
rul
esareasfoll
ows:

1.Theper
formanceoft
hecontr
actshoul
dbeexecut
edaccor
dingt
othet
imeandpl
ace
aspr
escri
bedbythepr
omiseeint
hecontr
act
.

2.Theperf
ormanceofacont r
actwherethedat
ehasbeenment i
onedandnoplacehas
beenfi
xed:Thepromiseshouldbeper
formedonthatdatedur
ingt
heusualbusi
ness
hour
sattheplaceatwhichthepromi
seshoul
dbeperformed.

3.Theper
for
manceofacont
ractwher
ethet
imeandpl
aceofper
for
mancehasnot
 beenmenti
oned:Ifnoti
meandpl acehasbeenprescr
ibedbythepromise,t
henthe
cont
ractmustbeperfor
medatar easonabl
eti
meandapr operpl
ace.Reasonabl
e
ti
meandplaceis,
ineachsi
tuat
ion,aquesti
onoff
act.

I
V ASSI
GNMENTOFTHECONTRACT

Assi
gnmentofthecont
ractmeanstr
ansferofri
ghtsandl
iabi
l
iti
esarisi
ngoutofacontr
act
toathi
rdparty
.Wherethecont
racti
snotdependentuponpersonalski
ll
s,abi
l
iti
eset
cofa
cer
tai
nperson,i
tmaybeassi
gnedtocer
taincondi
ti
ons.

Cont
ract
scanbeassi
gnedi
ntwoway
s:

- Byt
heactofpar
ti
es

- Byoper
ati
onofl
aw

Assignmentbyactofpart
ies: Acontr
actwhi
chdoesnotrequi
reexpr
essl
yorimpl
iedl
y
per
f or
manceonlybyt hepromisort
henitmaybeassigned i
fboththepart
iestothe
agreementagr
eefort
hesame.

Assi
gnmentbyoper
ati
onofl
aw:

- Deat
h:Afterdeathofapartytoacontracthisri
ght
sandl
i
abi
li
ti
esar
epassedonto
hi
sheirsorlegalrepr
esent
ati
ves.Thei
rliabi
l
ityi
sli
mit
edt
otheamountofpr
oper
ty
i
nher
ited.

- I
nsol
v ency:Undertheinsol
vencyl
aw t
her
ight
sandl
i
abi
l
iti
esar
epassedt
othe
of
fi
cialrecei
verorassi
gnee.