Asked by
Adrianna Nottingham
on Nov 10, 2024Verified
The claim of frustration is not available in which of the following circumstances?
A) The subject matter of the agreement is destroyed.
B) An event that forms the basis of the contract does not take place.
C) The law changes, making performance illegal.
D) A government policy prevents performance.
E) A change in circumstances makes it difficult or more costly for one of the parties to perform.
Frustration Availability
Refers to situations where the doctrine of frustration can be applied to release parties from their contractual obligations.
Costly Performance
Refers to situations where fulfilling the terms of a contract or agreement involves significant expense.
Government Policy
A deliberate plan of action or inaction chosen by public authorities to address a given problem or interrelated set of problems.
- Comprehend the legal effects and remedies accessible when a contract is thwarted by external contingencies.
Verified Answer
CR
Learning Objectives
- Comprehend the legal effects and remedies accessible when a contract is thwarted by external contingencies.