Asked by Jaylen Maloy on Jun 14, 2024
Verified
Contractual obligations will be discharged when the specific subject matter of the contract is destroyed.
Contractual Obligations
Specific duties or tasks that parties are bound to perform under a contract.
Specific Subject Matter
The particular focus or theme of a legal document, agreement, or discussion.
Destroyed
Rendered useless or completely obliterated.
- Ascertain the situations that allow for the termination of contract obligations.
Verified Answer
MM
mohit mehtaJun 18, 2024
Final Answer :
True
Explanation :
When the specific subject matter of a contract is destroyed without the fault of either party, the contractual obligations are typically discharged because the performance becomes impossible. This is known as the doctrine of frustration or impossibility of performance.
Learning Objectives
- Ascertain the situations that allow for the termination of contract obligations.