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Chapter 10
           DISCHARGE OF
           OBLIGATIONS
In this chapter you will:
 List the methods whereby a contractual obligation may be
    discharged
   Define voluntary disablement
   Discuss the concept of anticipatory breach
   Understand what is meant by tendering performance
   Differentiate between a material and a minor breach
   Define mutual rescission
   Explain the concept of impossibility of performance
   Exemplify frustration of purpose
   Understand which contracts are divisible contracts
   Discuss the effect of discharge on the parties to the agreement
Methods of Discharge

 Excuse of conditions    Impossibility of

 Performance              performance
                          Supervening illegality
 Breach of contract
                          Death or destruction
 Agreement of the
  parties                  of the subject matter
                           or parties
                          Frustration of
                           purpose

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Law 206 Ch. 10 - Discharge of Obligations

  • 1. Chapter 10 DISCHARGE OF OBLIGATIONS In this chapter you will:  List the methods whereby a contractual obligation may be discharged  Define voluntary disablement  Discuss the concept of anticipatory breach  Understand what is meant by tendering performance  Differentiate between a material and a minor breach  Define mutual rescission  Explain the concept of impossibility of performance  Exemplify frustration of purpose  Understand which contracts are divisible contracts  Discuss the effect of discharge on the parties to the agreement
  • 2. Methods of Discharge  Excuse of conditions  Impossibility of  Performance performance  Supervening illegality  Breach of contract  Death or destruction  Agreement of the parties of the subject matter or parties  Frustration of purpose