Thomson, a famous artist, enters into a contract with Nicolas to create a life-s

Question

Thomson, a famous artist, enters into a contract with Nicolas to create a life-size portrait of Nicolas for $85,000. He promises to deliver it within a week from the date mentioned on the contract. Two days after the contract was signed, Thomson meets with a severe accident and becomes bedridden. With regard to the given scenario, what happens to the contract between Thomson and Nicolas?

Nicolas is still bound by the contract.

The contract is discharged by performance.

A novation occurs in the contract.

The contract gets discharged.

Explanation / Answer

Tho.mson, a .fa.mous artist,. enters into a contract with Nicolas to create a life-size portrait of Nicolas for $85,000. He promises to deliver it within a week from the date mentioned on the contract. Two day.s after the contract was signed, Thomson meets with a severe accident and becomes ..bedridden. With regard to the given scenario, what happens to the contract bet.ween Thomson and Nicolas?

The contract gets discharged.

Explanation- as the contract could not remain on its original state it would be discharged in the specific accident.

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