Asked by Llaneth Valenzuela on Jun 19, 2024

verifed

Verified

Security Company enters into a contract with Tower Apartments to deliver and install an alarm system for a certain price. Both parties perform the acts as promised. The contract is

A) conditioned.
B) terminated.
C) excused.
D) suspended.

Terminated

Brought to an end or concluded, which can apply to contracts, employment, or any other agreement.

Security Company

A business that provides services related to the protection of physical property and assets, including surveillance, alarm systems, and private security personnel.

Alarm System

A device or set of devices designed to alert or warn individuals of potential danger, such as break-ins or fires.

  • Comprehend the doctrines that regulate the cessation of contractual obligations through concord or execution.
verifed

Verified Answer

MM
Melissa MartinezJun 23, 2024
Final Answer :
B
Explanation :
When both parties to a contract have performed the acts they promised, the contract is considered terminated because its terms have been fulfilled.