Chapter 13 – Performance and Discharge
Learning Objectives
After studying this chapter, you should be able to:
- Explain when performance, partial performance or no performance may discharge contractual obligations.
- Compare and contrast complete performance, substantial performance, satisfactory performance and material breach.
- Describe the various ways the parties to a contract may agree to terminate mutual obligations under the contract.
- Identify when performance of the contract becomes variously impossible, very difficult, or useless, and that these circumstances may give rise to discharge.
This chapter covers:
13.1 Discharge of Contract Duties by Performance or Breach
13.4 Discharge by Operation of Law when Performance Becomes Very Difficult