Which of the following is correct with respect to the Code's approach to impossibility of performance?
A) A significant drop in demand for the goods will excuse the buyer's performance.
B) Increased production costs will excuse performance by the seller.
C) Performance will be excused when it is impractical as a result of one or more unforeseen supervening events that are more than mere hardship or increased cost of performance.
D) All of these are correct.

Question

Quizplus · Accepted Answer

The correct answer is C because the Code (referring to the Uniform Commercial Code or similar legal frameworks) typically states that performance can be excused when it becomes impractical due to unforeseen events that significantly alter the fundamental nature of the performance, beyond just causing hardship or increased costs. Choices A and B, involving a drop in demand or increased production costs, generally do not excuse performance under these rules.

Which of the Following Is Correct with Respect to the Code's