The _____ clause of a contract describes the course of events that occur if there are unforeseen calamities such as earthquakes or hurricanes that prevent a supplier from fulfilling its obligations to the buyer.
A)liability
B)force majeure
C)confidentiality
D)third-party rights
E)governing law

Question

Quizplus · Accepted Answer

The force majeure clause of a contract typically outlines what happens if unforeseen circumstances, such as natural disasters or acts of war, prevent one or both parties from fulfilling their obligations. It often excuses the affected party’s non-performance and may provide for remedies such as termination of the contract or an extension of time for performance.

The _____ Clause of a Contract Describes the Course of Events