Lecture 6: Discharge of contractual obligations

Question 1

performance in context

Answer 1

• duties of performance arise from the creation of a contract containing particular terms
• these terms give rise to legally enforceable obligations (rights and duties)
• performance expected to be done

Question 2

determining the required performance

Answer 2

• performance required depends on the particular terms of the contract
• performance depend on how it is drafted

Question 3

the effect of performance

Answer 3

• voluntary performance discharges the obligations
• when all the obligations are discharged, the contract is at an end
• failure to perform voluntarily is a breach of contract