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The doctrine of commercial impracticability maybe used to discharge a party\'s c

ID: 419446 • Letter: T

Question

The doctrine of commercial impracticability maybe used to discharge a party's contractual obligation Select one: a. Only if the performance required by the contract is objectively impossible to perform. O b. Only if the purpose of the contract, known to both parties to the contract, has been frustrated by some unexpected and uncontrollable event c. The performance required under the contract has become unprofitable for the performing party. d. The performance required under the contract has become much, much, much more difficult due to an event that the party should have anticipated. e. None of the above

Explanation / Answer

Answer:

The doctrine of commercial impartibility may be used to discharge a party’s contractual obligation only if the purpose of the contract known to both parties to the contract has been frustrated by some unexpected and uncontrollable events.

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