The Role of Contractual Clauses That Limit Frustration Defenses in Commercial Agreements
Contractual clauses that limit frustration defenses play a pivotal role in shaping contractual certainty and risk allocation. Understanding how these clauses interact with the doctrine of frustration of purpose is essential for legal practitioners and parties alike. Understanding Frustration of Purpose in Contract Law Frustration of Purpose in contract law occurs when unforeseen events fundamentally…