Multiple Choice
Buyer and seller enter into an agreement to sell a mobile home and lot.Before the deed can be signed,the mobile home is destroyed by a tornado.Which of the following doctrines would most likely allow the buyer to avoid his contractual obligations?
A) impossibility
B) commercial impracticality
C) frustration of purpose
D) failure of a condition precedent
E) novation
Correct Answer:
Verified
Correct Answer:
Verified
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Q14: If a contract is silent about assignment
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Q19: The doctrines of commercial impracticality applies only
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Q21: Impossibility,excusing performance of a contract,is measured objectively.