This document discusses various ways in which a contract can be discharged or terminated, including by performance, mutual agreement, breach of contract, impossibility of performance, or by operation of law. It defines different types of breaches, including material breach, minor breach, anticipatory breach, and actual breach. For each type of breach, an example is provided. The document also discusses remedies available to an injured party for breach of contract, including recession of contract, suit for damages, suit upon quantum meruit, suit for specific performance, and suit for injunction.