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An Appliance Manufacturer Contracts to Purchase a Quantity of Steel

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An appliance manufacturer contracts to purchase a quantity of steel from Megasteel Corporation to be delivered to the appliance manufacturer on June 1,2002.On April 1,2002,there is a massive explosion at Megasteel's only steel mill that destroys the mill.According to newspaper reports,the mill will take at least one year to be rebuilt and put back into operation.The appliance company purchasing manager makes a frantic phone call to Megasteel asking,"Is it true you won't be making any more steel for at least a year?" The Megasteel representative says that it is true it will not be able to make any steel for at least a year.The appliance manufacturer immediately contracts with another steel company to deliver similar steel on June 1.A shipment of steel is received from each company on June 1.Has the appliance manufacturer breached its contract with Megasteel if it refuses to accept and pay for the Megasteel steel?

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The explosion,by itself,was not an antic...

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