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parties to a contract must either perform or offer to perform, their
respective promises, unless such performance is dispensed with or
excused under the provisions of the Act, or any other law.
Promises
bind the representatives of the promisor in the case of death of
such promisor before performance, unless a contrary intention appears
from a contract.
In
a contract the agreement being enforceable by law, each party to
the contract is legally bound to perform his part of the obligation.
Non-performance of the duty undertaken by a party in a contract
amounts to breach of contract, for which he can be made liable.
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