CAF-4 · Chapter 9 · Question 4 of 12
Every promisee may dispense with or 'remit', wholly or in part, the performance of the promise made to him. This is known as:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Remission
Explanation
Section 63 allows a promisee to remit (forgive) the performance of a promise or extend the time for performance.
More Discharge of a contract MCQs
- Q6Which of the following describes 'discharge by operation of law'?
- Q7A contract is discharged by 'breach' when a party:
- Q8Azam owes Babar Rs. 5,000. Azam pays Babar, and Babar accepts, in satisfaction of the whole debt, Rs. 2,000 paid at the time and place at…
- Q9Alteration of a contract means:
- Q10If a contract is broken by the promisor, the promisee may: