Frustration Flashcards

1
Q

What is the General rule of Frustration?
- case

A

Where a party to a contract is prevent from keeping the promise because of an unforeseeable, intervening act
- Taylor v Caldwell

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Elements to discharge by Frustration

A

1) Unforeseen event
2) Performance it either
- Impossible
- Illegal
- radically different)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Explain Impossibility?
- cases

A

Contract subject matter destroyed
- Taylor v Caldwell

Subject mater unavailable
- Jackson v Union Marine
- The Nema
The Evia (No.2)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Explain Illegality
- cases

A

Purpose of contract become illegal
- Denny, Mott, Dickson v James b Fraser + Co

  • Shipton Anderson v Harrison Bros
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Explain radical change in circumstances
- cases

A

Purpose of contract has become radically different from what was originally intended
- Krell v Henry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is not Frustration?
- cases

A

Self induced
- Maritime National Fish v Ocean Trawlers

Contract Less Profitable
- Davis Contractors v Fareham Urban District Council

Foreseeable risk
- Armchair Answercall v People in mind

Force Majeure clauses
- Gold Group Properties v BDW Trading

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Remedies for Frustration?

A

Law Reform (Frustrated Contracts) Act 1943
s1(2)
- advanced payments can be recovered
- person receiving payment can retain/recover sum on account on expenses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly