Pierette Entered into a Contract with Hugo

question 13

Essay

Pierette entered into a contract with Hugo. She agreed to deliver a shipment of gold to his jewelry store each week for a year. He agreed to pay a specific price. The contract also said: "The buyer shall have the right to terminate this contract in the event of a substantial change in the market price of gold." After delivering gold to Hugo for several months, Pierette refused to go on with the contract. Her decision to do so was based on the fact that while her contract with Hugo contained a specific price, the market value of gold had suddenly increased a substantial amount. Consequently, she realized that her contract with Hugo no longer made good financial sense from her perspective. Would a court accept that argument from Pierette? Explain your answer.

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Definitions:

Expelling Placenta

The process occurring after childbirth where the mother's body ejects the placenta from the uterus.

Stage of Labor

Refers to the different phases of the childbirth process, commonly divided into early labor, active labor, and the delivery of the baby and placenta.

Hypertension

A long-term health issue where the pressure in the arteries is consistently high.

Miscarriage

The spontaneous loss of a pregnancy before the fetus can survive outside the uterus, usually before the 20th week of pregnancy.