Under the commercial frustration doctrine, performance is excused when:
A) statutes and legislation make the performance more difficult.
B) something that is essential to the promisor's performance is destroyed through no fault of the promisor, but its substitute is available.
C) events occur after the formation of the contract that would make the return performance of the other party worthless to the promisor.
D) the promisor impliedly assumes the risk that the event would occur.

Question

Quizplus · Accepted Answer

Commercial frustration, or "frustration of venture," is very similar to impracticability. Under this doctrine, performance is excused when events occur after the formation of the contract that would make the return performance of the other party worthless to the promisor.

Under the Commercial Frustration Doctrine, Performance Is Excused When