What are force majeure clauses in contract termination?
An example of an AI chatbot conversation about contract termination clauses and force majeure.
What are force majeure clauses in contract termination?
Force majeure clauses are provisions in contracts that free both parties from liability or obligation when an extraordinary event occurs.
Can you give me examples of events that qualify as force majeure?
Common examples include natural disasters like earthquakes, floods, and hurricanes, as well as events like war or pandemics.
How do these clauses affect my rights if I want to terminate a contract?
If a force majeure event occurs, it may allow you to terminate the contract without penalty, depending on the clause's wording.
Should I include a force majeure clause in my contracts?
Yes, including a force majeure clause can protect you from unforeseen events that could impact your ability to fulfill the contract.
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