WHEN A CONTRACT ENDS

Most contracts come to an end by being completed. Once everything required under the contract has been done, the parties are discharged from further obligations under it, and it ends. A contract can also be ended (discharged) by rescission following a breach (discussed above), by mutual agreement or where it becomes impossible to carry it out (called 'frustration').

WHEN A CONTRACT ENDS  :  Last Revised: Wed Mar 3rd 2004
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