Lebo agrees to purchase a purebred stallion named Midnight Echo from Sipho for R35 000. The horse is identified by name, breed, and registration number in the agreement. Both parties agree on the price and delivery terms, and the contract is signed. Which one of the following best describes the nature of the performance in this agreement?

Question

Answer

Objective performance – where the obligation is defined by external standards

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Determined performance – where the object and terms of performance are clearly specified

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Ascertainable performance – where the object of performance can be identified later

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Divisibility of performance – where the obligation can be split into parts

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Lebo agrees to purchase a purebred stallion named Midnight Echo from Sipho for R...

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