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HOW CONTRACTS ARE TERMINATED — Commerce Keypoint

HOW CONTRACTS ARE TERMINATED

  1. Voluntary termination – The two parties voluntarily agree to end the contract.
  2. Execution – When the obligations of a contract are met by the two parties and the contract is executed, it comes to an end.
  3. Breach of contract – This is a situation when one party to a contract fails to render his obligations.

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