Minerals Ltd. contracts to provide tin to several manufacturers. When a group of tin-producing countries suddenly bans sales of tin to Minerals so that it cannot fulfill its contracts, Minerals
A) can substitute some other material for the tin.
B) is excused from the performance of its contracts.
C) is liable for breach of contract.
D) must still supply the tin needs of its customers.

Question

Quizplus · Accepted Answer

Minerals Ltd. is excused from the performance of its contracts due to the doctrine of impossibility or force majeure, as the ban on sales of tin by the producing countries is an unforeseen event beyond their control.