Examlex
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.
Breach of Contract
The failure of a party to fulfill the terms as agreed in a contract, which can lead to legal consequences.
Arbitration
A form of alternative dispute resolution where a neutral third party makes a binding decision to resolve a dispute outside of court.
Supreme Court
The highest judicial court in a country or state, typically having the ultimate authority in interpreting laws and the constitution.
Binding Agreement
A legally enforceable contract between two or more parties.
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