What is force majeure and how does it affect contracts?
An example of an AI chatbot conversation about understanding force majeure in legal contexts.
What is force majeure and how does it affect contracts?
Force majeure refers to unforeseen events that prevent parties from fulfilling their contractual obligations. It can include natural disasters, war, or pandemics.
Can you give me examples of force majeure events?
Sure! Examples include earthquakes, hurricanes, floods, and government actions like lockdowns.
How do I include a force majeure clause in my contract?
You should clearly define what constitutes a force majeure event, outline the obligations of each party during such events, and specify the duration of the clause.
What happens if a force majeure event occurs?
If a force majeure event occurs, the affected party may be excused from performance for the duration of the event, depending on the contract terms.
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