• Que.

    termination by frustration


    Termination by frustration occurs when unforeseen circumstances make it impossible to fulfill a contract's obligations, fundamentally altering its nature. It's like when a musician can't perform due to sudden illness, rendering the concert contract void. This legal principle applies when events outside anyone's control, like a natural disaster, disrupt the contract's purpose. For example, a fire destroying a rented venue, making it impossible to hold an event. In such cases, parties are released from their contractual duties. It's a safety net in contracts, acknowledging that sometimes life throws curveballs that no one can anticipate or prevent.

    May 06 2024

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