Commercial frustration:
A) is very similar to impracticability.
B) occurs when the event is foreseeable.
C) excuses performance when events occur before the formation of the contract.
D) occurs when the promisor expressly assumes the risk that the event has occurred.

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.

Commercial Frustration