Contracts II

Restatement Second of Contracts § 265

Restatement Second of Contracts § 265

Discharge by Supervening Frustration

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Where, after a contract is made, a party's principal purpose is substantially frustrated without his fault by the occurrence of an event the non-occurrence of which was a basic assumption on which the contract was made, his remaining duties to render performance are discharged, unless the language or the circumstances indicate the contrary.

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