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When both parties under a contract agree to end the contract.

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Q: What is contract discharge by mutual consent?
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What is mutual consent?

"consent" means 'agreement' "mutual" means 'possessed in common by two or more people or groups' Thus mutual consent mans 'agreed in common' - or 'by common agreement' - NOTE all parties have to agree - there can be no abstention or rejection by any party if there is to be a mutual consent.


The political theory that people form governments for their mutual protection and that government rules only with the consent of those people is known as?

social contract theory


What is theDifference between breach of contract and discharge of a contract?

breach is a form of discharge. Generally, a discharge is when a contract ends for any reason. A breach is when one of the parties does not perform under the contract. Breach could lead to discharge, rescission, or damages, or nothing.


What does Termination by Mutual consent mean?

Termination by mutual consent refers to an agreement between both parties to end a contract or relationship without any disputes or conflicts. This typically involves both parties agreeing to the terms of separation and often includes conditions around final payments, returning of assets, or any other relevant terms.


Can one claim alimony in mutual consent divorce cases?

Yes, alimony can also be claimed in mutual consent divorce. Alimony can be claimed in any form of divorce. Its just that in a mutual consent divorce things are more sorted. If one needs more details they can look for Siddhartha Shah and associates on the following details Contact No. 093222 86663 Email. lawyersidd


How do you write a letter of termination for a landscaping contract?

This depends on where you live and which legal system operates. Usually you would need a good reason such as bad workmanship or other problem that led to breach of contract. I would think any other reason would require mutual consent.


How does a landlord go about terminate a land lease if the lease has not expired?

If you are involved in a legally drawn and binding land lease contract, you cannot terminate it except by mutual consent of both you and the person to whom you granted the lease.


What is rescissible sale?

Declaration or clearly communicated intention by a party to a voidable contract that it is exercising its right toterminate (rescind) the contract. It is an irrevocable stepthat frees the other party as well from its contractual obligations, as if the contract never existed. Rescission may be on mutual consent, by an act of law, or by either party for reasonable cause such as a material misrepresentation.


In order to have a valid contract there must be?

a. mutual assent


What is discharge by agreement means?

Discharge by agreement means that where the discharge occurs with the free consent of both parties and without subsequent change of heart, there is no need for any particular form of agreement. the parties may simply abandon performance. In pratice, however, in order to guard against a change of heart by the other party, it will be desirable to adopt some form of legally binding agreement to discharge the contract.


What is the Lord Hale Rule?

It is a legal doctrine, since overruled in the United States, that holds that a husband cannot be guilty of rape upon his wife because, by their mutual consent and contract, the wife has assented to become the property of her husband.


Who are prohibited to give a consent in a contract of sales?

The question is not worded too clearly - but - minors are legally incapable of givng consent to any sales or contract of obligation.