commercial impracticability

commercial impracticability
commercial impracticability n: impracticability (2)

Merriam-Webster’s Dictionary of Law. . 1996.

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  • impracticability — im·prac·ti·ca·bil·i·ty /im ˌprak ti kə bi lə tē/ n 1: the state of being impracticable 2: a doctrine in contract law: relief from obligations under a contract may be granted when performance has been rendered excessively difficult, expensive, or… …   Law dictionary

  • impracticability — The term impracticability in federal rule (Fed.R.Civ.P. 23) providing for class action if class is so numerous that joinder of all members is impracticable does not mean impossibility but only the difficulty of inconvenience of joining all… …   Black's law dictionary

  • impracticability — The term impracticability in federal rule (Fed.R.Civ.P. 23) providing for class action if class is so numerous that joinder of all members is impracticable does not mean impossibility but only the difficulty of inconvenience of joining all… …   Black's law dictionary

  • commercial frustration —    An unforeseen and uncontrollable event that renders a party to a contract unable to carry out his or her contractual duties. The nonoccurrence of the event must be a basic assumption of the parties when the contract is signed. Also known as… …   Business law dictionary

  • commercial frustration — Excuse of party from performance if contract depends on existence of given person or thing and such person or thing perishes, and if contract is rendered impossible by act of God, the law, or other party. Wood v. Bartolino, 48 N.M. 175, 146 P.2d… …   Black's law dictionary

  • commercial frustration — Excuse of party from performance if contract depends on existence of given person or thing and such person or thing perishes, and if contract is rendered impossible by act of God, the law, or other party. Wood v. Bartolino, 48 N.M. 175, 146 P.2d… …   Black's law dictionary

  • Impracticability — Contract law Part o …   Wikipedia

  • impossibility of performance of contract — A doctrine under which a party to a contract is relieved of his or her duty to perform when performance has become impossible or totally impracticable (through no fault of the party). As a defense to nonperformance, such arises when performance… …   Black's law dictionary

  • impossibility of performance of contract — A doctrine under which a party to a contract is relieved of his or her duty to perform when performance has become impossible or totally impracticable (through no fault of the party). As a defense to nonperformance, such arises when performance… …   Black's law dictionary

  • frustration of contract — This doctrine provides, generally, that where existence of a specific thing is, either by terms of contract or in contemplation of parties, necessary for performance of a promise in the contract, duty to perform promise is discharged if thing is… …   Black's law dictionary

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