When the obligations of a contracted have been performed, the contract is:
A) terminated or discharged
B) finished or written off
C) finalized
D) burned
E) destroyed

Question

Quizplus · Accepted Answer

When all obligations of a contract have been fulfilled or performed, the contract is terminated or discharged. This means that all parties involved have met their obligations and there are no remaining duties to be fulfilled.

When the Obligations of a Contracted Have Been Performed, the Contract