Business Regulatory Framework

11 Termination or Discharge of Contracts

After carefully reading this chapter, you will be able :

To understand the meaning of termination of contracts and the ways in which a contract may be terminated or discharged.
To get a clear idea of Supervening impossibility and it's consequences.
To identify cases which do not come under the doctrine of Supervening impossibility.
To understand the meaning of breach of contract, the various types of breach of contract and the remedies available to the aggrieved party under breach of contract.
To explain the various types of damages and the principle determining amount of damage.
To understand the meaning of quantum-meruit and the cases on which a claim for quantum-meruit may arise. ...

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