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| Insolvency, Merger and Unauthorized alteration of the terms of the agreement are the ways by which a contract is discharged. These are examples of discharge by _____________. |
Supervening impossibility Operation of law Lapse of time Breach of contract |
| Operation of law |
| The following are instances where a contract gets discharged by operation of law: Death of either of the parties; Insolvency; Merger; Unauthorized alteration of the terms of the agreement. |
