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A contract terminated by the occurence of an event which makes performance impossible is discharged...

Commerce
WAEC 2018

A contract terminated by the occurence of an event which makes performance impossible is discharged by? 

  • A. breach
  • B. agreement
  • C. frustration
  • D. performance
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Correct Answer: Option C
Explanation

frustration of contract; is the Legal termination of a contract due to unforeseen circumstances that (1) prevent achievement of its objectives, (2) render its performance illegal, or (3) make it practically impossible to execute.

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