commercial frustration

An excuse for a party’s nonperformance because of some unforeseeable and uncontrollable circumstance.

— Also termed economic frustration. [Cases: Contracts 309(1). C.J.S. Contracts §§ 520–522, 524.]

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词条贡献者

译者Jason，毕业于世界顶级翻译学院，擅长翻译各种与税务信贷融资及社区发展相关的法律文件。