What is the impact of force majeure on contracts?
An example of an AI chatbot conversation about the impact of force majeure on legal agreements.
What is the impact of force majeure on contracts?
Force majeure clauses can excuse parties from fulfilling their contractual obligations due to unforeseen events.
Can you give examples of events that qualify as force majeure?
Common examples include natural disasters, wars, pandemics, and government actions that prevent contract fulfillment.
How can businesses protect themselves from force majeure events?
Businesses can include clear force majeure clauses in contracts and consider insurance options for such risks.
What should I do if I believe a force majeure event has occurred?
You should review your contract, notify the other party, and document the event's impact on your obligations.
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