In Taylor v Caldwell a hall was hired to stage a concert.It was destroyed by fire before the date of the concert. The contract did not indicate how the contracting parties would be affected by this type of problem.The court held that:
A) Neither party could enforce their rights as the contract was frustrated by the destruction of the subject matter.
B) each party was bound by the contract and had to perform the contract.
C) the contract was void because there was no mechanism in the contract to allow for this type of problem.
D) The party who had hired the hall could enforce their contractual rights as they were not involved in frustration of the contract.
Correct Answer:
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