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What is Termination of Contractual Obligations about?
Chapter 15 discusses the termination of obligations in contracts through various means such as performance, agreement, operation of law, and cancellation due to breaches. Key methods include performance by the debtor or a third party, mutual agreement to terminate, and legal implications like set-off and insolvency. The chapter also highlights specific conditions under which obligations can be extinguished, including the impossibility of performance and the effects of death on contractual duties.
- Author
- u23597373
- Language
- EN