Where by the co ntract, a promisor is to perform his prom ise without application by the promise and no time for performance is specified, the engagement must be performed within a reasonable time. The question “What is a reasonable time” is in each particular case is

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CMA Foundation Exam: Fundamentals of Laws Practice Test — practice the complete quiz, review flashcards, or try a random question.

The CMA Foundation exam syllabus includes the following topics under the Fundamentals of Business Laws and Business Communication (FBLC) paper:
Indian Contract Act, 1872
Sale of Goods Act, 1930
Negotiable Instruments Act, 1881

Section A: Introduction, sources of law, legislative process in India, legal methods and court system in India 
 


Where by the co ntract, a promisor is to perform his prom ise without application by the promise and no time for performance is specified, the engagement must be performed within a reasonable time. The question “What is a reasonable time” is in each particular case is