The Code and the Restatement Have No Provisions for Discharge

question 15

True/False

The Code and the Restatement have no provisions for discharge of contractual duties in cases involving commercial impracticability.

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Definitions:

1950s

A decade marked by post-World War II recovery, the beginning of the Cold War, significant social, economic, and cultural changes, and the rise of consumerism.

American Prosperity

denotes periods of economic growth and affluence in the United States, characterized by high employment rates, consumer spending, and standard of living.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and marked by significant events including the Holocaust and the use of atomic bombs.

Oil

A fossil fuel and a major source of energy, crucial for industries, transportation, and the production of various chemicals and materials.