How to Terminate a Contract - By SN Panigrahi

A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship, sets forth the rights and obligations of each party, and establishes the framework for their interactions. It creates a legal relationship that can be enforced by law if any party fails to fulfill its agreed-upon obligations.

Contracts can cover a wide range of transactions and relationships, including business deals, employment agreements, sales of goods or services, leases, and more.

Termination of a contract involves ceasing the rights, obligations, and responsibilities of the parties involved as stipulated in the contract terms.

In this Episode of EssAnnPee Knowledge Series, Let's Discuss on the Topic "How to Terminate a Contract” Authored by SN Panigrahi, PMP®, FIE, C.Engr