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13 - Excused Performance and Risk Allocation

from Part III - Applications

Published online by Cambridge University Press:  04 February 2021

Peter M. Gerhart
Peter M. Gerhart
Affiliation:
Case Western Reserve University, Ohio
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Summary

Contractual obligations are excused when unaddressed post-contracting events occur, but the excuse depends on how the parties divided the risk of post-contracting events.

Keywords

Impossibilityimpracticabilityfrustrationmodificationexcuseexcused performanceriskrisk allocation
Type
Chapter
Information
Contract Law and Social Morality , pp. 168 - 184
Publisher: Cambridge University Press
Print publication year: 2021

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