A List and Summarize the Situations Where a Contract Is

question 43

Essay

a. List and summarize the situations where a contract is discharged by agreement of the parties.
b. List and summarize the situations where a contract is discharged by operation of law.

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Definitions:

Privatization

The transfer of ownership of property or businesses from the government to private individuals or organizations.

Military

The armed forces of a country, responsible for defending it against threats and ensuring national security.

Social Institution

A structured and stable set of norms and practices that govern the behavior of a group of people within a society.

State's Role

The functions and responsibilities undertaken by the government or governing bodies of a nation, including creating laws, providing services, and protecting the citizenry.