Economy, asked by aparnakaser, 2 months ago

2 example of discharge of contract​

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Answered by Itzkrushika156
1

Explanation:

When the parties to a contract fulfil the obligations arising under the contract within the time and manner prescribed, then the contract is discharged by performance. Illustration: Peter agrees to sell his cycle to John for an amount of Rs 10,000 to be paid by John on the delivery of the cycle.

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Answered by anshuraj10
1

Answer:

Example: Peter agrees to sell his cycle to John for an amount of Rs 10,000 to be paid by John on the delivery of the cycle. As soon as it is delivered, John pays the promised amount. Since both the parties to the contract fulfil their obligation arising under the contract, then it is discharged by performance.

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