For a party's nonperformance of contract to be excused because of impossibility of performance,the impossibility must be objective.

Question

Quizplus · Accepted Answer

A party's nonperformance is excused because of impossibility of performance. Mere increased difficulty or reduced profitability, however, does not constitute impossibility of performance. Moreover, the impossibility must be objective and apply to any party in a similar circumstance.

For a Party's Nonperformance of Contract to Be Excused Because