Law · Contract

Frustration

Discharge of contract where an unforeseen event renders performance impossible or radically different. Section 56 ICA; Law Reform (Frustrated Contracts) Act 1943 (UK).

Type: noun Branch: Contract Level: Intermediate Jurisdiction: Global

Pronunciation: 🇺🇸 US/frəˈstreɪʃən/ 🇬🇧 UK/frəˈstreɪʃən/

Definition

Discharge of contract where an unforeseen event renders performance impossible or radically different. Section 56 ICA; Law Reform (Frustrated Contracts) Act 1943 (UK).

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