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Friday, 5 April 2013

Contracts: Performance and Discharge


Contracts: Performance and Discharge


Introduction
How does a party know when his or her obligations under the contract are at an end?
A party may be discharged from a valid contract by:
§ A condition occurring or not occurring.
§ Full performance or material breach by the other party.
§ Agreement of the parties.
§ Operation of law.

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