Which one of the following is not a joint promise:

Mr. X borrowed a sum of Rs. 100,000/- from Mr. Y for two years. After one year Mr. X dies and Mr. Z, who is a legal representative inherits the property of Rs. 60,000/- from him. On the due date of repayment, Mr. Y will call upon Mr. Z to repay. But the capacity of Mr. Z is limited up to the value of Rs. 60,000/-. State the legal position.

For the performance of the joint promise

Contract should be performed

Mr. A and Mr. B have borrowed a sum of Rs.10,000/- from Mr. C. On due date both parties i.e. Mr. A and Mr. B are jointly liable to pay. If before the payment Mr. A dies, who will be liable to pay Rs.10,000/-?

Contractual obligation involving personal skill of the promisor

When the time is an essence of a contract, promisor fails to perform his promise on time,

Where two or more persons have made a joint promise, a release of one of such joint promisors by the promisee:

Where a contract consists of reciprocal promises and such reciprocal promises are to be simultaneously performed:

Which one of the following statements is incorrect regarding the time of performance?

When two or more persons have made a joint promise, then, unless a contrary intention appears from the contract, the promise shall be performed, during their joint lives by:

Where time for performance is specified in a contract:

In a contract where time is not specified for performance, the promisor can perform the contract:

Amjad, Babar and Chand jointly promise to pay Dawood the sum of Rs. 6,000. Chand is compelled to pay the whole. Amjad is insolvent, but his assets are sufficient to pay one-half of his debts. Which of the following is correct?

Anwar promises Bunty to sell him 100 bales of cotton, to be delivered the next day and Bunty promises Anwar to pay for them within a month. Anwar does not deliver according to promise. Which of the following is correct?