Describe the circumstances under which a contract may be discharged by supervening impossibility. Remark: Business Law subject

Describe the circumstances under which a contract may be discharged by supervening impossibility.

Remark: Business Law subject

 

Solution

Here are some circumstances under which a contract may be discharged by supervening impossibility.

Destruction of subject Matter- For an example let sup[pose Mr x has made an agreement with Mr. y to sell his crop to him but by natural disaster his crop caught fire and damaged. In this case the contract will be destroyed. Although there is no any fault of party.
Death

AllEscortAllEscort