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Hi i was wondering if anyone can answer this for me?
What is meant by discharge of contract??
thanks
What is meant by discharge of contract??
thanks
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For more on marking an answer as the "Best Answer", please visit our FAQ.It generally means the terms of the contract have been fully satisfied by both sides, or both sides have agreed that the contract has been satisfied. For example if I agreed to mow your lawn for �10, if I then mow your lawn and you are happy with the result and you pay me �10 then the contract has been discharged. Similarly if you contract me to mow your lawn for �10 and then change your mind, you might offer me �5 as compensation and if I accepted it the contract would then also be discharged.