What is force majeure and how does it relate to pandemics?
An example of an AI chatbot conversation about force majeure and its implications during pandemics.
What is force majeure and how does it relate to pandemics?
Force majeure refers to unforeseen events that prevent parties from fulfilling a contract. Pandemics can be considered a force majeure event.
Can you give me examples of how force majeure has been applied during the COVID-19 pandemic?
Sure! Many businesses cited force majeure to suspend contracts due to lockdowns, supply chain disruptions, and government restrictions.
Are there specific clauses in contracts that address force majeure?
Yes, contracts often include force majeure clauses that outline what constitutes a force majeure event and the obligations of the parties.
How can businesses protect themselves from the impacts of force majeure?
Businesses can include clear force majeure clauses in contracts, define specific events, and consider insurance options to mitigate risks.
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