Commercial impracticability arises only when the parties-at the time the contract was made-had reason to foresee a certain event.

Name: Commercial impracticability arises only when the parties-at the time the contract was made-had reason to foresee a certain event.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Commercial impracticability applies when an unforeseen event occurs after the contract is made, making performance extremely difficult or costly, and the event was not anticipated by the parties at the time of contract formation.

Commercial Impracticability Arises Only When the Parties-At the Time the Contract