Frustration of purpose is:
A)rarely a successful defense to contract.
B)a defense to contract that can be exercised when one party had no other reasonable alternative but to enter into a contract due to economic pressure.
C)a defense that can be used when fulfilling a contract has become extraordinarily difficult or unfair for one party.
D)when the contract has become essentially worthless to one party,though the event giving rise to that state was unknown to both parties to the contract at formation.
E)a defense to performance of contract for debtors who file for bankruptcy protection.

Question

Quizplus · Accepted Answer

Frustration of purpose is a defense used when an event that could not have been reasonably foreseen at the time the contract was formed has occurred, making the contract essentially worthless to one party. This event makes it impossible for one of the parties to fulfill their obligations under the contract. Therefore, choice D is the best answer.

Frustration of Purpose Is