Question 17 of 19
Q.What are the kinds of Reciprocal Promises ?
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2025Subjective· 3mImportance★★★★★
89% · 17/19 Questions
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Start your 14-day free trial to unlock the full solution →Reciprocal promises are of three kinds: mutual and independent, mutual and dependent, and mutual and concurrent.
In the Tamil Nadu HSC Commerce syllabus (Performance of Contract), promises which form the consideration for each other are called reciprocal promises (Section 2(f), Indian Contract Act, 1872). They are classified as:
- Mutual and independent promises: Each party must perform his promise independently, without waiting for the other party to perform. …
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