Search Results for: FORTUITOUS

fortuitous event

fortuitous event. 1. A happening that, because it occurs only by chance or accident, the parties could not reasonably have foreseen. 2. An event that, so far as contracting parties are aware, depends on chance. 3. Louisiana law. An event that could not have been reasonably foreseen at the time a contract was made. La.

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fortuitous

fortuitous (for-t[y]oo-[schwa]-t[schwa]s), adj. Occurring by chance. • A fortuitous event may be highly unfortunate. Literally, the term is neutral, despite its common misuse as a synonym for fortunate.

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peril of the sea

peril of the sea. An action of the elements at sea of such force as to overcome the strength of a well-founded ship and the normal precautions of good marine practice. • A peril of the sea may relieve a carrier from liability for the resulting losses. — Also termed danger of navigation; danger of

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