levo

Discharge of a Contract

Discharge by Performance

  • 4 things to know
  • Paper 3

Overview

Recall questions on what discharge means, the three routes to it, how performance discharges a contract and the doctrine of substantial performance.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Key term

What does discharge of a contract mean?

Key term

How does performance discharge a contract?

Key term

What is anticipatory breach?

Process

By what three routes may a contract be discharged, and what are substantial performance and anticipatory breach?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What does discharge of a contract mean?

    Model answer

    Discharge of a contract means the ending of contractual obligations between the parties.

  2. 2

    Name the three ways in which a contract may be discharged.

    Model answer

    A contract may be discharged by performance, breach, or frustration.

  3. 3

    How does performance discharge a contract?

    Model answer

    Discharge by performance occurs when both parties have completely fulfilled all their contractual obligations.

  4. 4

    What is the doctrine of substantial performance?

    Model answer

    Substantial performance is an exception allowing discharge where a party has performed most but not all obligations, with a deduction for defects.

  5. 5

    What is anticipatory breach?

    Model answer

    Anticipatory breach occurs when a party indicates before the performance date that they will not perform their obligations.

  6. 6

    How does express anticipatory breach arise?

    Model answer

    Express anticipatory breach arises when a party explicitly states that they will not perform their contractual obligations.

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