ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Generally, one party to a contract has a duty to begin performance (or tender performance) before the other party has the obligation to perform. In this situation, we are not told who has the initial obligation. In that regard, one party is breach. As such, the other party is relieved from her duty to perform.

Detailed explanation-2: -The generally accepted meanings of these two above words are as follows: duty is an obligation that one has to fulfill and responsibility is the act of accepting and acting on a task that has been assigned to you. However, in English grammar, the words ‘duty’ and ‘responsibility’ are often used interchangeably.

Detailed explanation-3: -Duty Comes From Those in Authority, and Responsibility Comes From Oneself. A duty is something you have to do because someone in authority has told you to do it. For example, if your boss tells you to do something, it’s your duty to obey that command.

Detailed explanation-4: -An act of duty comes from a moral or legal necessity, according to DiffSense. An obligation, on the other hand, arises out of a set of rules aimed at maintaining order that one has signed himself up for. These distinctions can be applied to the workplace.