What are the differences between force majeure and frustration?
Force majeure refers to unforeseen events that prevent contract fulfillment, while frustration occurs when an unforeseen event fundamentally changes the contract's nature.
Can you give examples of each?
Sure! An example of force majeure is a natural disaster like a hurricane. Frustration might occur if a law changes, making the contract impossible to perform.
How do these concepts affect contract law?
Both concepts can relieve parties from their obligations under a contract, but they apply in different circumstances and have different legal implications.
What should I include in a contract to address these issues?
You should include a force majeure clause outlining specific events and a frustration clause that explains how unforeseen changes will be handled.
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