Which of the following is NOT a standard means of discharging a contract?

Study for the CPPB Domain IV Test. Prepare with detailed flashcards and multiple-choice questions, each offering hints and explanations. Ace your exam with confidence!

Multiple Choice

Which of the following is NOT a standard means of discharging a contract?

Explanation:
Discharging a contract means ending the parties’ duties under it. The common ways this happens are when both sides perform all obligations, when a party’s failure (a breach) ends the other’s duty to perform, or when the parties agree to end or replace the contract (mutual assent or rescission). Renewal, however, is about continuing the relationship—often by extending the term or creating a new agreement—not terminating the old duties. So renewal does not discharge the original contract; it keeps the business relationship going, usually under new terms.

Discharging a contract means ending the parties’ duties under it. The common ways this happens are when both sides perform all obligations, when a party’s failure (a breach) ends the other’s duty to perform, or when the parties agree to end or replace the contract (mutual assent or rescission). Renewal, however, is about continuing the relationship—often by extending the term or creating a new agreement—not terminating the old duties. So renewal does not discharge the original contract; it keeps the business relationship going, usually under new terms.

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