Discharge of Obligations. Flashcards

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1
Q

What is frustration concerned with?

A

The impact of subsequent events on initially valid contracts which have been agreed to.

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1
Q

What is the question about frustration?

A

A frustrated contract cannot become void, rather it is a question of whether it will be terminated.

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2
Q

What does frustration look towards?

A

It terminates a contract only in relation to the future.
-Party’s do not have to perform their remaining obligations, but obligations before the contract becomes frustrated must be performed.

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