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Dave thought he had selected a "cool tie" to wear to work. However, after a few giggles and a "rolling of the eyes" from several coworkers, Dave went to his office and took off the tie. These reactions of the coworkers would be referred to as
Objective Impossibility
A situation where the performance of a contractual duty cannot be done by anyone because it is physically or legally impossible.
Subjective Impossibility
A situation in which it is impossible for an individual to perform a contractual duty due to personal inability or circumstances, despite the task being objectively possible.
Frustration Of Purpose
A defense in contract law that may excuse parties from their obligations if an unforeseen event undermines the contract's original purpose.
Condition Precedent
A condition or event that must occur before a contract or a specific provision within a contract becomes effective or enforceable.
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