If delivery of goods becomes impossible, a party who has issued a draft or note on the contract has a defense for not paying it.

Question

Quizplus · Accepted Answer

If delivery of goods becomes impossible, it can be considered a breach of the contract and the party who has issued a draft or note on the contract may have a defense for not paying it. This is because the non-delivery of goods would void the consideration for the payment, making the instrument unenforceable.

If Delivery of Goods Becomes Impossible, a Party Who Has