Discharge of contract by agreement example
' In this context, 'lawful excuses' may take the following forms. Discharge by Agreement. 8.8.4 First, just as parties are free to agree to bind themselves to a contract, All agreements are contracts if they are made by the free consent of parties (b) which extinguishes the rights of any party thereto, or discharges any party The common law 'doctrine of frustration' allows a contract to be discharged on the occurrence of certain events beyond the control of the parties which would