It should be noted that in contract law, a discharge will take place when the parties that are involved have fully performed their duties. Therefore, it's <u>true.</u>
Discharge of a contract simply takes place when the main obligations of a contract end. It should be noted that the ending of the contract entails the termination of the contractual relationship.
Both parties to a contract are discharged when they have completely performed their contractual obligations. Therefore, the operation of law releases the parties from performance.
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Answer: (a) To establish credit of the new government, and
(b). To establish financial stability
Explanation:
Alexander Hamilton presented was the secretary of Treasury in the United States in 1790 and 1791. He submitted four major reports that dealt with the constitutional and financial future of the the country. Three out of the four reports were public documents, presented to Congress as proposals for policies that Congress might sign into law. One of the reports was written for President Washington. All added together, the reports layed out vision for the new Republic.
