Question

john enters into an agreement to lease an apartment for five years, conditioned on him not being called to active duty in the national guard. if he is called to serve, this is a condition , and his obligation to be bound by the lease is discharged.

Answer 1

The termination of the contract means the termination of the contractual relationship between the parties. It is said that a contract is terminated when it ceases to operate, that is, when the rights and obligations created by it end.

The general rule is that the fulfillment of contractual obligations must be exact and complete. A contract is terminated when both parties fully comply with their contractual obligations. Debate may arise about the type of obligation and whether it has been satisfactorily fulfilled.

A contract can be terminated by either or both parties by consent or agreement. There are multiple forms of termination of a contract such as termination, impossibility of execution (frustration), breach, termination by prior agreement, termination, novation of the contract or force majeure.

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