'Performance of a contract' under Section 37 essentially means that the parties must:
AReduce the contract to writing
BEither perform, or offer to perform, their respective promises
CRegister the contract
DObtain court approval before acting
Answer & Solution
Correct answer: B. Either perform, or offer to perform, their respective promises
Section 37 requires the parties to perform or offer to perform their promises unless performance is dispensed with or excused under the Act.
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