DISCHARGE OF A CONTRACT

DISCHARGE OF A CONTRACT

Professor Sagay in his book, Nigerian Law of Contract, enunciated the concept of the Discharge of Contract as follows:

The discharge of a contact means, in general, that the contractual relationship between the two parties has ended and the parties are free from their obligations to each other thereafter.

There is general acceptance that there are four modes of discharge.

These are:

  • Discharge by performance
  • Discharge by agreement
  • Discharge by breach

Discharge by frustration