Tanya contracts with Suite Condos Corporation to buy a unit in Suite's Bayview Tower at a premium for its view of River Bay.Unforeseeably,the town of River Bay changes its zoning law.Resort Hotels,Inc. ,constructs River Bay Resort,blocking what would have been Tanya's view.Tanya's best argument for a change in the Suite contract or its price is
A)frustration of purpose.
B)objective impossibility of performance.
C)anticipatory repudiation.
D)commercial impracticability.

Question

Quizplus · Accepted Answer

Frustration of purpose occurs when an event occurs that makes the contract's principal purpose valueless to one party. In this case, Tanya purchased the unit in Suite Condos Corporation's Bayview Tower specifically for its view of River Bay. However, due to the change in the zoning laws and construction of the River Bay Resort, Tanya's purpose of buying the unit has been frustrated. Thus, Tanya can argue for a change in the Suite contract or its price.

Tanya Contracts with Suite Condos Corporation to Buy a Unit