ACCA LW Eng Syllabus B. The Law Of Obligations - Explain The Ways In Which A Contract May Be Discharged - Notes 1 / 4
Contracts Can Be Discharged in 4 ways:
By Agreement
Both parties agree and it is supported by consideration
By Frustration
Where performing an obligation becomes impossible
By Performance
All contract terms performed
By Breach
One party fails to meet its obligations
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Syllabus B. The Law Of Obligations
B2. Content Of Contracts
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Explain The Meaning And Effect Of Breach Of Contract
Syllabus B. The Law Of Obligations
B3. Breach Of Contract And Remedies