Business Studies · International Trade Law
Which of the following is an essential ground for a contracting party's exemption from liability for damages due to breach under standard international trade law (CISG)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The impediment arose entirely from negligence of internal workforce
- 2The performance of the obligation merely became economically unprofitable
- 3The failure was due to an impediment beyond the party's control✓
- 4The circumstances leading to breach were foreseeable
Correct answer
The failure was due to an impediment beyond the party's control
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