Law · Discharge of Contract
Consider the following statements regarding the discharge of a contract: Statement 1: The doctrine of 'Frustration of Contract' legally discharges an agreement when unforeseeable external circumstances arise that make the performance radically different from the parties' original intentions. Statement 2: In cases involving the frustration of a contract, the discharge occurs because one of the contracting parties is legally at fault for causing the impossible circumstances. Choose the correct option:
- 1Both statements are false.
- 2Statement 1 is false, but Statement 2 is true.
- 3Statement 1 is true, but Statement 2 is false.✓
- 4Both statements are true.
Correct answer
Statement 1 is true, but Statement 2 is false.
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