Online Test Banks
Score higher
See Online Test Banks
Learning anything is easy
Browse Online Courses
Mobile Apps
Learning on the go
Explore Mobile Apps
Dummies Store
Shop for books and more
Start Shopping

Excusing Contract Performance Due to Impracticability

When an unforeseen event makes performance of a contract obligation impracticable (impossible or unrealistic), the seller may claim that its nonperformance is excused. To analyze a claim of impracticability, determine whether all of the following apply:

  • The event occurred after the contract was made.

  • Performance became impracticable because of the event.

  • The nonoccurrence of the event was a basic assumption of the contract.

  • The party seeking to be discharged carried the risk of the event’s occurring.

  • Add a Comment
  • Print
  • Share
blog comments powered by Disqus

Inside Sweepstakes

Win $500. Easy.