List four genuine reasons for the termination of a contract of specified duration?

1. Non-performance: If one party fails to fulfill their obligations under the contract, the other party may have grounds to terminate the contract.

2. Breach of contract: If one party violates the terms and conditions of the contract, the other party may have the right to terminate the contract.

3. Mutual agreement: Both parties may agree to terminate the contract before the specified duration for various reasons, such as changes in circumstances or business needs.

4. Force majeure: If unforeseen circumstances beyond the control of either party make it impossible to fulfill the contract, such as natural disasters or government regulations, the contract may be terminated.

1. Mutual Agreement: Both parties have the right to mutually agree to terminate the contract before its expiration date.
2. Frustration of Purpose: An unforeseen event or change in circumstances has made it impractical or impossible to fulfill the contract's essential purpose.
3. Material Breach: One party has significantly failed to fulfill their obligations under the contract, rendering it untenable for the other party to continue.
4. Impossibility of Performance: Circumstances beyond the parties' control have made it legally or physically impossible to perform the contract as agreed.