Which of the following refers to discharge of a contract due to a situation that makes performance of that contract unreasonably expensive, injurious, or costly to a party?
A) rescission
B) commercial impracticability
C) condition precedent
D) condition subsequent

Question

Quizplus · Accepted Answer

This refers to the doctrine of commercial impracticability which allows for the discharge of a contract due to unforeseen circumstances that make performance excessively difficult or costly. Rescission refers to the cancellation of a contract by mutual agreement, while condition precedent and condition subsequent both refer to specific conditions that must be met for a contract to be valid or fulfilled.

Which of the Following Refers to Discharge of a Contract