MGSC30H3 Chapter 13: Chapter 13 Notes
Document Summary
Anything less than complete compliance with the promise would render the party in default liable for the breach of contract. If the performance of the promises of the parties is complete, the contract is said to be discharged. Tender: the act of performing a contract or the offer of payment of money due under a contract. The seller"s performance is by the tender of an act. To obtain this relief, the seller must show that he or she was prepared to deliver the title documents for the property to the purchaser as required under the agreement. Any interference with the party tendering performance of the act breach of contract. Mutual agreement to terminate the contract replace existing agreement with substitution contract with some condition. Termination as a right done by either party giving a notice to one another has a time limit attached to a notice.
