Evaluate the different ways in which a contract can be brought to an end (terminated), and comment on their respective effectiveness.

A contract becomes discharged once both parties have fully performed their contractual obligations. If one party does not fully perform the contract this will amount to breach and the other party may have a claim for damages unless the contract has been frustrated. If the non performance amounts to a repudiatory breach (breach of condition) the other party will be released from their obligations….(short extract)