How Can Contracts Be Discharged

question 35

Multiple Choice

How can contracts be discharged?

• A) Tender of performance
• B) Operation of law
• C) Agreement of the parties
• D) Condition subsequent
• E) All of the responses are correct.

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Definitions:

Desired Return

Desired return refers to the expected financial gain or profit an investor aims to achieve from an investment over a specific period.

Investment

Investment refers to the allocation of resources, typically financial, in assets or projects with the expectation of earning a return.

Target Cost

The maximum amount that can be spent on a product while still earning the desired profit margin, usually determined during the design and development stages.

Investment

Assigning financial resources with the aim of achieving returns or making a profit.