new builders inc. enters into a contract with o'reilly to refurbish a garage on his property as an auto repair shop. o'reilly's neighbor pete challenges the project as a violation of the local zoning laws. a court orders a halt to the project. o'reilly's contract with new builders is

Respuesta :

If New builders inc. enters into a contract with O'reilly to refurbish a garage and a court orders a halt to the project, O'reilly's contract with new builders is:

  • Discharged

What does it mean to discharge a contract?

To discharge a contract simply means to terminate such a contract. When a contract is discharged, it ceases to exist and the parties who are signatories to it will no longer be bound by the rules of the contract.

In the case described above, we can see that the court halted the project between the two construction firms. Since there is a court injunction to this effect, the contract ceases to exist and the parties will no longer be bound by any obligation to the contract.

So, the discharge of a contract is a term that is used to indicate the termination of a contract where the parties are no longer bound by the terms.

Learn more about a contract discharge here:

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