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Discharge of Contracts

Discharge of Contracts

Discharge of contract means the the ending of a contract. This will happen where: both parties carry out what they have agreed to do (perfromance); both parties agree to do something different and a new contract is created (agreement); one party refuses to carry out his part of the contract (breach of contract); or the contract becomes impossible to carry out through no fault of either party (frustration).

Where there has been performance of the contract or agreement, the parties have no further obligations under the contract. Where there has been breach of contract or frustration, the courts will decide how losses will be divided between the parties.

Battlefield Historian Ltd registered in United Kingdom 6996039. Registered address : 4 The Laurels, Fressingfield, Eye, Suffolk, IP21 5NZ

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