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in the absence of any problems of the types that we discussed previously a valid contract will be formed that means that the parties are bound by and have certain duties under their agreement first and foremost this includes the central duty to perform their obligations in good faith according to the terms of the contract the details of performance and problems surrounding performance is what well look at in the following as long as such performance occurs there is no problem once both parties have fully performed under the contract the contract has been discharged for example a buyer orders and pays for goods and the seller delivers the goods within the agreed time frame if thats the case no more obligations are left under the contract and it is discharged but if performance is not according to the contractual terms then there is a bdocHub of contract there are different types of contractual bdocHubes the most severe one is a material bdocHub a party has materially bdocHubed the contra
