Explain the various persons by whom a contract may be performed as per the Indian Contract Act, 1872.

CA Foundation · Business Laws · MTP · September 2025
Explain the various persons by whom a contract may be performed as per the Indian Contract Act, 1872.

Suggested Answer and Working Notes:

By Whom a Contract may be Performed (Section 40,41 and42of the Indian Contract Act,1872) The promise under a contract may be performed, as the circumstances may permit, by the promisor himself, or by his agent or his legal representative.

Topics: The Indian Contract Act, 1872

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