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:
The Federal Reserve generally raises interest rates to stop inflation.
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<u>Explanation:</u>
The significance of the local self government is that it bestows numerous benefits upon the inhabitants of the areas it operates in. ... The Local Self-government generally unites the people with democracy and encourages them to participate in its activities without any bias or prejudice.