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In a 500-word essay, use the contracts below and provide three examples of how the contracts would be discharged or completed. At least one of

In a 500-word essay, use the contracts below and provide three examples of how the contracts would be discharged or completed. At least one of the three examples must be a negative example that discharges the obligations of the parties.

Contract A:

Maintenance Contract

This Maintenance Contract is entered into on February 15, 2024 between Aly Smith , and Alaska Manufacturing Extension, whose official business address is, 601 E 57th Pl #102, Anchorage, AK 99518; 9..1@alaska.edu.

This contract applies at the following address: Aly's Alaska Pizza, Alaska

The owner of the property wishes to hire Contractor for the purpose of appliance maintenance

Contractor Duties

The parties agree the contractor will perform the following duties:

1. Repair Appliances

2. Making appliance repairs as needed

3. Performing other routine maintenance as needed and requested by owner.

4. Deliver Appliances

Owner's Responsibilities and Duties

Owner will provide Contractor with access to the property. Owner will give the contractor what they need to enter the building

Compensation

Owner will pay Contractor on a bi-weekly basis at the daily rate of $20. The owner agrees to pay

an hourly rate of $30 for all additional work not covered in this contract.

Contractor is an independent contractor and responsible for paying all employment and state and federal taxes. Owner will not withhold any amount from Contractors to pay taxes.

Insurance

1. Contractor is responsible for insurance and submitting proof

2. Contractor is responsible for all insurance regarding their work

Contract Termination

This contract may be terminated at any time, by either party, without penalty, provided a [number of day]

day 's notice is given in writing. Owner may cancel the contract at any time, without advance notice or penalty,

in the event of gross negligence on the part of the Contractor.

By signing below, both parties agree to be bound by the terms of this contract

Dated: 2/15/2024

Aly Smith

Alaska Manufacturing Extension

This part of the contact tells each person what they need to do if they want to terminate the contract. This is so one person cannot break a contract just because they feel like it.

Contract B:

Two Party Contract

Agreement made 2/15/2024 , between Aly Smith ,45 Alaska Lane, Alaska , and Hope Farm , 32 Hill ct, Alaska.

The parties to this agreement, in consideration of the mutual covenants and stipulations set out, agree as follows:

Section One

Quality of Cheese

As per the agreement Hope Farm is to provide fresh shredded mozzarella cheese to Aly Smith

Section Two

Quantity

Hope farm is to provide 500 pounds of mozzarella cheese to Aly Smith

Section Three

Price

Aly Smith is responsible for paying $300 for every 500 pounds of cheese to Hope farm.

Section Four.

Instrument as Entire Agreement

This instrument contains the entire agreement between the parties. All prior statements, promises, or inducements made by either party or its agent are abrogated by this agreement and are of no further force and effect from and after the date of this agreement. This contract may not be enlarged, modified, or altered except by a writing, signed by the parties and endorsed on this agreement.

Section Five

Effect of Agreement

This agreement inures to the benefit of and binds the heirs, executors, administrators, assignees, and successors of the respective parties.

The parties have executed this agreement at [name of city] on the day and year stated above.

Aly Smith

Hope Farm

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