Contracts may be discharged by the joint action of both contracting parties or, in some cases, by the action of one party alone.

Question

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Contracts may be discharged by the mutual agreement or mutual understanding of both contracting parties or by the performance of the terms of the contract. In some cases, one party may be excused from performance if the other party breaches the contract or if the contract is impossible to perform due to unforeseen circumstances. Therefore, contracts can be discharged by joint action or by the action of one party alone under certain circumstances.

Contracts May Be Discharged by the Joint Action of Both