frustration

situations where a party’s performance is not impeded, but the whole point of at least one party’s entering into the contract has been eliminated. A party’s duties are discharged where a party’s purpose is frustrated without fault, by the occurrence of an event, the nonoccurrence of which was a basic assumption on which the contract was made.

Total 0 Votes
0%

Tell us how can we improve!

+ = Verify Human or Spambot ?

Add Comment

Your email address will not be published. Required fields are marked *