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What Are the Different Types of Contract Termination

For more information, visit: https://www.lawdepot.com/?pid=pg-BFYM... A contract is a written agreement between two parties that involves one party providing some kind of product or service to the other party in exchange for payment. Contract termination occurs when one or both of the parties involved in a contract decide to cancel the agreement. Terminations can occur for a variety of different reasons ranging from monetary disputes to dissatisfaction with the services provided. Most countries have laws that prevent people from breaking contracts unless certain conditions exist, such as when both parties agree to cancel contract or when one party violates the terms of the contract.