Asked by Kervin Huang on Jul 16, 2024
Verified
Where a contract is discharged or modified by a unilateral discharge, explain the problem that arises and its solution.
Unilateral Discharge
When one party ends an agreement or contract without the need for permission from or negotiation with the other party.
Discharged
Released from an obligation, duty, or debt; in employment, it can also mean being fired or let go from a job.
Modified
Altered or changed from the original form, structure, or condition.
- Explain the discharge or modification of contracts through unilateral actions.
Verified Answer
SN
siyabonga ntelaJul 22, 2024
Final Answer :
A unilateral discharge involves one person allowing the other out of his contractual obligation without receiving anything in return. The problem is with consideration, and the solution is to provide some added consideration in the form of accord and satisfaction to satisfy the requirement that both sides receive some kind of consideration for the discharge.
Learning Objectives
- Explain the discharge or modification of contracts through unilateral actions.