What do you mean by Discharge by Frustration
What do you mean by Discharge by Frustration?
Expert
Discharge by frustration results when performance of the contract becomes impossible or purposeless. Frustration is similar to mistaken assumptions, but it relates to future events rather than events that existed at the time the contract was made. The two basic types of frustration: impossibility and undermining of purpose. The doctrine of frustration excuses a party from performance when external circumstances make performance impossible or have changed so much that performance would mean something much different than originally intended by the parties.
What are the responsibilities of Principal to Agent?
What are the standards of Care for Professionals under Tort Law?
Explain PIPEDA and Various statutes regarding unionization?
Explain the term application of the Sale of Goods Act?
Explain how implications of partners being joint and severally liable?
What are the errors while recording agreements?
Explain Seller's Title and the Nature of Goods?
What do you mean by Pre-employment?
Illustrate the mistakes in Performance?
What are the two categories of international business law?
18,76,764
1925949 Asked
3,689
Active Tutors
1415504
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!