The parties to a contract may be released from the provisions of the contract if unforeseeable circumstances prevent them from fulfilling the contractual obligations. This is also known as:
A) Force majeure.
B) Contract bar.
C) Provisional intent test.
D) Opener clause.

Question

Quizplus · Accepted Answer

The term "force majeure" refers to a clause that provides relief to parties in a contract in the event of unforeseeable and uncontrollable circumstances that prevent them from fulfilling their contractual obligations. These are often called "acts of God" and cannot be anticipated or controlled. The force majeure clause excuses the parties from performance or provides for an extension of time to perform the obligations, depending on the language of the clause.

The Parties to a Contract May Be Released from the Provisions