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Flavia Ribas Schneider Machado
on Nov 30, 2024

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Which of the following is correct with respect to the Code's approach to impossibility of performance?

A) A significant drop in demand for the goods will excuse the buyer's performance.
B) Increased production costs will excuse performance by the seller.
C) Performance will be excused when it is impractical as a result of one or more unforeseen supervening events that are more than mere hardship or increased cost of performance.
D) There is nothing that is true impossibility of performance.

Impossibility of Performance

A legal defense used in contract law where a party claims that fulfilling the obligations of a contract has become objectively impossible due to unforeseen events.

Supervening Events

Events that occur after the formation of a contract which could render the performance impossible or significantly change the nature of the original agreement.

  • Gain insight into how predetermined conditions affect the duties and actions required by parties in a contract.
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Glenda AmayaDec 05, 2024
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