Identify the factors courts consider in deciding the validity of commercial impracticability and frustration of purpose claims
In deciding whether a change in circumstances should permit one side to escape its duties under the doctrines of commercial impracticability or frustration of purpose, courts consider the following: (a) mere financial difficulties will never suffice to discharge a contract; (b) the event which led to the claim must have been truly unexpected; and (c) if the promisor must use a different means to accomplish her task, at a greatly increased cost, she probably does have a valid claim of impracticability.
You might also like to view...
What are the four steps involved in the training process? After a training program has been established, how can managers make the training material more meaningful for employees?
What will be an ideal response?
A lower gross profit or gross profit percentage (by one department compared to another) means that one department is less profitable than another
a. True b. False Indicate whether the statement is true or false