Which of the following generally is not grounds for discharge of a contract by operation of law?
A) Objective impossibility
B) Subsequent illegality
C) Running of the statute of limitations
D) Bankruptcy

Question

Quizplus · Accepted Answer

Running of the statute of limitations is a defense that can be raised by a party to the contract, but it generally does not result in automatic discharge of the contract by operation of law. The other choices (objective impossibility, subsequent illegality, bankruptcy) can result in automatic discharge of a contract by operation of law.

Which of the Following Generally Is Not Grounds for Discharge