Which statement best describes a fixed-term contract termination?

Which statement best describes a fixed-term contract termination?

• A. It ends by passing of time at the end of the term.
• B. It ends by the term expiring.
• C. It requires no notice.
• D. It cannot be terminated early.

Answer: (B)

Fixed-term contracts are set for a defined period, and they end when that period comes to an end. The crucial point is the expiry of the term—the contract terminates on the expiry date. This makes “the term expiring” the clearest description of how a fixed-term contract terminates. Other ideas—like ending simply because time passes, or the notion that no notice is ever required, or that it cannot be terminated early—aren’t defining features: expiry is the key event, while early termination or notice depend on the contract’s specific terms or on breach.

Fixed-term contracts are set for a defined period, and they end when that period comes to an end. The crucial point is the expiry of the term—the contract terminates on the expiry date. This makes “the term expiring” the clearest description of how a fixed-term contract terminates. Other ideas—like ending simply because time passes, or the notion that no notice is ever required, or that it cannot be terminated early—aren’t defining features: expiry is the key event, while early termination or notice depend on the contract’s specific terms or on breach.