Changed Circumstances Flashcards
Where, after a contract is made, a party’s ____________________________ without his fault by the occurrence of an event the non-occurrence of which was a basic assumption on which the contract was made, his duty to render that performance is discharged, unless the language or the circumstances indicate the contrary.
performance is made impracticable
If the existence of a _________ _________ is necessary for the performance of a duty, his death or such incapacity as makes performance impracticable is an event the non-occurrence of which was a basic assumption on which the contract was made.
particular person
If the existence of a ________ _______ is necessary for the performance of a duty, its failure to come into existence, destruction, or such deterioration as makes performance impracticable is an event the non-occurrence of which was a basic assumption on which the contract was made.
specific thing
If the performance of a duty is made ___________ by having to comply with a domestic or foreign governmental regulation or order, that regulation or order is an event the non-occurrence of which was a basic assumption on which the contract was made.
impracticable
Where, after a contract is made, a party’s principal purpose is _________ __________ without his fault by the occurrence of an event the non-occurrence of which was a basic assumption on which the contract was made, his remaining duties to render performance are discharged, unless the language or the circumstances indicate the contrary.
substantially frustrated
(1) Where, at the time a contract is made, a party’s performance under it is __________ without his fault because of a fact of which he has no reason to know and the non-existence of which is a basic assumption on which the contract is made, no duty to render that performance arises, unless the language or circumstances indicate the contrary.
impracticable
(2) Where, at the time a contract is made, a party’s ______________________________ without his fault by a fact of which he has no reason to know and the non-existence of which is a basic assumption on which the contract is made, no duty of that party to render performance arises, unless the language or circumstances indicate the contrary.
principal purpose is substantially frustrated