Chapter
4: Discharge of contract and remedies for breach of contract.
1. Performance
o A person a contract in accordance with its terms
is discharged from any further obligations Frustration
o A contract is frustrated where there is a charge
in the circumstances which renders a contract legally or physically impossible
of performance.
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2. Breach
o A refusal to perform a contract when performance
is due would amount to discharge.
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3 .Agreement
o An agreement to discharge a contract is binding
only if it is by deed, or if it is supported by consideration.
o Two types: bilateral: the contract is
executory or partly on both sides.
:unilateral: only one party has
the rights to surrender.
4. Remedies :
o
Common laws of
remedies are damages.
5. Specific
performance
o
A decree issued
by the court which orders the defendant
to carry out his obligation.
6.Injunction
o
A mandatory
injunction orders a person to take action to end of a breach of contract.
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