Asked by Dawson Lewis on May 15, 2024
Verified
An agreement to end a contract, with extra consideration to be supplied by the party benefiting from the discharge, is known as ________.
Extra Consideration
An additional benefit or payment required to finalize an agreement or contract, beyond the initially agreed terms.
Contract Discharge
The conclusion of a contractual obligation, either through completion of the contract terms, mutual agreement, or other legal methods.
- Comprehend the legal principles surrounding the termination of contracts, including repudiation and frustration.
Verified Answer
PW
Learning Objectives
- Comprehend the legal principles surrounding the termination of contracts, including repudiation and frustration.