COMMERCIAL PRACTICE L4 - International sale of goods - FORCE MAJEURE Flashcards
1
Q
What is the purpose of a force majeure? (2)
A
To suspend (or terminate) the obligations of one party to a contract if an event occurs that is outside the parties’ control which prevents one of the parties from performing its obligations.
2
Q
Who usually benefits from a force majeure clause in a contract?
A