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The contract is discharged under mutual agreement through_____
  • a)
    Death
  • b)
    Insolvency
  • c)
     Novation
  • d)
    Impossibility of performance
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The contract is discharged under mutual agreement through_____a)Deathb...
Under novation conrtact can be discharged through mutual consent of all the concerned parties . There must be the consent of all the parties. If any one of the parties without consulting other parties discharged the contract then other parties can be sued on him .Thanks!!
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The contract is discharged under mutual agreement through_____a)Deathb)Insolvencyc)Novationd)Impossibility of performanceCorrect answer is option 'C'. Can you explain this answer?
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The contract is discharged under mutual agreement through_____a)Deathb)Insolvencyc)Novationd)Impossibility of performanceCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The contract is discharged under mutual agreement through_____a)Deathb)Insolvencyc)Novationd)Impossibility of performanceCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The contract is discharged under mutual agreement through_____a)Deathb)Insolvencyc)Novationd)Impossibility of performanceCorrect answer is option 'C'. Can you explain this answer?.
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