If delivery of goods becomes impossible,a party who has issued a draft or note under the contract must still pay it.

Question

Quizplus · Accepted Answer

If delivery of goods becomes impossible, the party who has issued a draft or note under the contract may not be required to pay it if certain conditions are met, such as if the contract has a force majeure clause or if the impossibility of delivery was caused by the other party's breach of the contract. However, this would depend on the specific terms of the contract and applicable laws.

If Delivery of Goods Becomes Impossible,a Party Who Has Issued