| A | B |
|---|
| discharged | A term for when contracts come to an end |
| performance | Most contracts are discharged this way meaning the parties fulfill the terms of the contract by doing what they promised. |
| reasonable time | This will vary with the circumstances of each case, however, it is generally defined as the time that is suitable, fair, and proper to the objective in view. |
| substantial performance | This is slightly less than full performance. Someone who has fulfilled the major details of a contract in good faith, leaving only minor details incomplete has done this. |
| tender | An offer to do what you have agreed to do under contract. |
| legal tender | US Coins and currency used to pay a debt. |
| discharge by agreement | "Accord and Satisfaction" and "mutal release" are examples of this. |
| mutual release | An agreement between 2 parties to end an agreement |
| accord and satisfaction | One contract is substituted for another. This is often used to settle honest disagrements or unforeseen circumstances regarding an amount owed. |
| complete performance | As long as all terms have been carried out properly and completely, the contract is discharged by _________ __________. |
