Question

Contracts may be discharged or terminated whenever the parties agree, along with a written acceptance, that the work performed is close enough to completion and that the contract is discharged even if some minor elements remain unperformed. This is called _____.

Answer 1

Answer: Partial performance

Explanation:

Partial performance is the completion of an act which forms a portion of a contract. An accepted rule explains that partial performance can be accepted even though the contract is not considered finishedd until full performance has been accomplished.

In partial performance, the contracts may be terminated or discharged whenever there is an agreement between the parties involved along with a written acceptance where it's stated that the work done is close enough to finish and the contract is terminated or discharged even if some little things haven't been done.