In which of the following situations is it likely that the court will release a party from their contractual obligations:

Question

Quizplus · Accepted Answer

This situation falls under the legal principle of frustration of purpose, where an unforeseen event beyond the control of either party renders the contract impossible to perform. The destruction of the object of the agreement by a third party would be such an event. In the other situations, the party would likely not be released from their contractual obligations, as they should have foreseen the difficulties or expenses involved in performance, or taken steps to ensure they had the necessary funds to complete their obligation. In situation E, the party's subsequent actions would be considered a breach of contract, which would not release them from their obligations.

In Which of the Following Situations Is It Likely That