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

法律翻译Glen，毕业于英国一流的高级翻译学院，专注翻译各类与交易架构和策略有关的法律文件。