Asked by Brittany Orozco on Jun 28, 2024

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The Code and the Restatement have no provisions for discharge of contractual duties in cases involving commercial impracticability.

Commercial Impracticability

A defense in contract law that can release parties from their obligations if an unforeseen event makes the fulfillment of the contract unreasonably difficult or expensive.

Code

A system of principles or rules designed to regulate practices and conduct within a particular activity or sphere.

Restatement

A rephrasing or clarification of a statement or document, often used to clarify legal principles or statutes.

  • Assess the use of the commercial impracticability doctrine and the concept of frustration of purpose.
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Verified Answer

ZK
Zybrea KnightJul 05, 2024
Final Answer :
False
Explanation :
Both the Uniform Commercial Code (UCC) and the Restatement of Contracts have provisions for discharge of contractual duties in cases involving commercial impracticability (also known as impracticability of performance or frustration of purpose). The UCC has provisions in Section 2-615, while the Restatement has provisions in Section 261.