If the costs of performing a contract have risen so unexpectedly and dramatically that performance would result in a substantial loss, the contract may be discharged on the grounds of:

Question

Quizplus · Accepted Answer

The concept of commercial impracticability allows for the discharge of a contract when the costs of performance have risen unexpectedly and substantially, making it impractical to fulfill the terms of the contract. This defense is available when events occur that could not have been foreseen or anticipated by the parties when the contract was formed, and which make performance financially unreasonable.

If the Costs of Performing a Contract Have Risen So