Examlex
Which of the following is true about the Tea Act?
Frustrates Contract
Describes a situation where unforeseen events make the fulfillment of a contract impossible, excusing all parties from their obligations and terminating the contract.
Breach
A violation or infraction of a law, agreement, or set of rules.
Unforeseeable Loss
Losses that could not be predicted or expected under normal circumstances, often excluding them from contractual liability.
Condition Precedent
A specific condition or event that must occur before a contract becomes effective or before a party is obligated to fulfill their part of the contract.
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