Multiple choice

Where no application is made and no time is specified for performance of promise, there the agreement is to be performed within

  1. three years

  2. two years

  3. one year

  4. reasonable time

  5. ninety days

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Option (1) is incorrect: No such time period is provided in the act. Option (2) is incorrect: No such time period is provided in the act. Option (3) is incorrect: No such time period is provided in the act. Option (4) is correct: Agreement is to be performed within reasonable time where no specific provision is provided in the act for the performance of promise.