Discharge Of Contract
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The release of the parties to a contract from the obligations under… (Read more)
English Legal System: Discharge of Contract
In the context of the English law, A Dictionary of Law provides the following legal concept of Discharge of Contract : The termination of a contractual obligation. Discharge may take place by: (1) *performance of contract; (2) express agreement, which may involve either *bilateral discharge or unilateral discharge (See accord and satisfaction); (3) *breach of contract; or (4) *frustration of contract.
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