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Performance is completing the deal according to the terms given in the contract. However, if the parties do not perform what they have promises, they commit a (1 p.) of the terms and conditions of the contract​.
Terms and conditions constitute the very root of a contract. Breach of these terms (1 p.) the contract, allowing the other party to (1 p.) the contract. Breach of these terms will give rise to (1 p.) .​
There can be four different ways in which contracts can be set (1 p.) . A contract may be deemed 'void', 'voidable', or 'unenforceable'. ​
Voidness means that a contract never came into existence.
If a contract is (1 p.) then at least one of the parties to the contract can decide to end it and get back anything that they have lost as a result of that contract; they declare the contract to be (1 p.) . ​
If a contract term, rule or law etc is (1 p.) , it is impossible to force people to obey it. ​