Chapter 8: Possibility and Certainty Flashcards

1
Q

explain the general rule regarding the effect of impossibility of performance on a contract

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2
Q

identify the different types and consequences of impossibility of performance

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3
Q

distinguish between initial impossibility, subsequent impossibility and the prevention of performance

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4
Q

examine the exceptional cases where liability ensues despite impossibility

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5
Q

explain the effect of warranties

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6
Q

discuss the consequences and effect of impossibility

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7
Q

explain the general rule of certainty regarding performance

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8
Q

discuss the application of the rule by examining practical examples of uncertainties in contracts

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9
Q

understand the nature and effect of a pactum de contrahendo or agreement to agree

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10
Q

identify the various factors that create uncertainty

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11
Q

examine the existence of contractual mechanisms to obtain certainty

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12
Q

discuss the consequences of uncertainty

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