Which of the following is used as a basis for discharge by operation of law when performance is still objectively possible but w

Question

3 years ago

12

Which of the following is used as a basis for discharge by operation of law when performance is still objectively possible but w

ould be extraordinarily injurious or expensive to one party?
A. Frustration of purpose
B. Commercial impracticability
C. Alteration of the contract
D. Anticipatory repudiation
E. Anticipatory renunciation

Social Studies

1 answer:

Lunna [17] · Answer 1 · 2022-08-27T07:31:34+03:00

The correct answer is letter B.

Explanation: Impossibility is an excuse for not fulfilling obligations under a contract, based on a change of circumstances (or a discovery of pre-existing circumstances), an occurrence that was an underlying assumption of the contract, which causes execution of the contract literally impossible.