Discharge by Lapse of Time

Discharge by lapse of time occurs when a contract is no longer enforceable because a specific time frame has passed without performance. For example, if you agree to perform a task by a certain date and don't do it, the other party can no longer demand fulfillment after that deadline. This principle ensures that contracts are executed in a timely manner and helps prevent indefinite obligations, promoting certainty and clarity in legal agreements. Essentially, if too much time passes without action, the contract can be considered void.