When performance is tendered,this will discharge a party's contractual obligations.

Name: When performance is tendered,this will discharge a party's contractual obligations.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Performance is the act of fulfilling or carrying out one's obligations as per the terms of the contract. Once performance is tendered, it is considered as the discharge of contractual obligations by the party who fulfilled them. Therefore, the statement is true.

When Performance Is Tendered,this Will Discharge a Party's Contractual Obligations