Which of the following events would have the best chance of excusing performance of a contract based on commercial impracticability?
A)The price of a raw material increases slightly so that the contract will not be as profitable.
B)An unforeseeable trade embargo causes prices to triple.
C)The promisor of personal services dies.
D)The subject matter of the contract is destroyed.

Question

Quizplus · Accepted Answer

An unforeseeable trade embargo causing prices to triple would likely be considered an event of commercial impracticability. This would make it extremely difficult or impossible for the promisor to perform the contract as agreed upon, and would likely excuse their performance. The other options do not necessarily rise to the level of commercial impracticability.

Which of the Following Events Would Have the Best Chance