Bart was supposed to deliver 100,000 firecrackers to Lisa by June 1, but his factory explodes in April so suspends operations. The contract:
A) has suffered a novation
B) has incurred a rescission
C) has incurred the failure of a condition precedent
D) has incurred an accord
E) none of the other choices

Question

Quizplus · Accepted Answer

The correct term for Bart's inability to fulfill the contract due to the factory explosion is "impossibility of performance." This means that due to unforeseen and uncontrollable circumstances, Bart cannot deliver the firecrackers as promised. None of the provided options (novation, rescission, failure of a condition precedent, accord) accurately describe this situation.

Bart Was Supposed to Deliver 100,000 Firecrackers to Lisa by June