For what reasons may a contract be terminated?

A contract may be terminated for several key reasons, all of which are encompassed in the correct answer choice.

When a contract is fulfilled as agreed upon, this is referred to as performance. Once all parties meet the terms outlined in the contract, it is considered completed, leading to its termination.

Mutual agreement is another reason for termination, which occurs when all parties involved in the contract decide to end it together. This could be due to various reasons, such as changing circumstances or a mutual desire to pursue different interests.

Infeasibility refers to situations where it becomes impossible to perform the contract as initially intended, whether due to unforeseen circumstances or changes in the law that prevent fulfillment. This can include events such as natural disasters or changes in legislation.

Operation of law signifies the automatic termination of a contract due to specific legal reasons, such as the death of a party involved or the bankruptcy of one of the entities bound by the contract.

By including performance, mutual agreement, infeasibility, and operation of law, all possible occurrences that can lead to the termination of a contract are recognized. This holistic approach is what makes the option encompassing all of these reasons the correct choice.