Part II Performance of the Obligation, 4 The Obligation and its Performance

4.01 Though the distinction between the content of an obligation and its performance is one that is often notoriously difficult to draw in the contractual context,1 there are some factors which clearly relate more naturally to the performance of an obligation rather than to its content. In particular, performance may be affected by factors which arise after the contract is made. The present section of the book is divided into three chapters. In this chapter we shall be considering the computation of time, the hour of performance, and performance in the context of...